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Natural gas and oil prices rise amid Middle East tensions and supply concerns.

Market News
02 Oct 2026
FXEmpire
View Source
Bullish
Natural gas and oil prices rise amid Middle East tensions and supply concerns.

Natural gas prices are rebounding after a strong pullback, aiming to settle above key resistance levels around $3.00 to $3.05. Meanwhile, oil prices, including WTI and Brent, are climbing due to geopolitical risks as Saudi Arabia considers military action against the Iran-backed Houthis in Yemen. This potential conflict threatens key oil infrastructure and shipping routes, prompting traders to buy on fears of supply disruptions. If these resistance levels are breached, prices could move significantly higher, reflecting increased market uncertainty and risk.

Natural gas and oil price forecasts provide context for energy market activity. For readers following energy stocks, here is Pluang's market snapshot as of Oct 03, 2026 01:21 WIB: of 38 priced Energy-sector US stocks, 26 rose and 12 fell. Notable movers include SEDG at USD 32.67 with a 1-day change of +5.83%, NE at USD 40.68 down -2.49%, and PBR at USD 21.47 up +2.34%. The most notable figure is SEDG's 98% sell order activity on Pluang.

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