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Natural gas and oil prices rise amid EIA data and Middle East tensions.

Market News
24 Sep 2026
FXEmpire
View Source
Bullish
Natural gas and oil prices rise amid EIA data and Middle East tensions.

Natural gas prices rallied following an EIA report showing a 53 Bcf increase in storage, aligning with expectations but surprising short-sellers. Prices are testing resistance levels around $3.25-$3.30, with potential to rise further if they hold. Meanwhile, WTI and Brent oil prices climbed due to escalating tensions in the Middle East, including missile attacks on Saudi Arabia and threats from Iran to block the Strait of Hormuz. These geopolitical risks are driving concerns over supply disruptions, pushing oil prices toward key resistance levels near $93 for WTI and $106 for Brent. Traders are closely watching these levels for further momentum or potential pullbacks.

Natural gas and oil price forecasts are the subject, with Pluang's Energy sector data providing context. As of Sep 24, 2026 22:51 WIB, 24 of 38 priced US Energy stocks rose while 14 fell. Notable movers include INDO at USD 2.95 with a 3.15% gain, MPC at USD 399.45 up 2.85%, and FANG at USD 190.86 rising 2.81%.

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