Oil and Gas Price Forecast: Analyzing Tariff Risks, Inventory Trends, and Key Market Turning Points for Traders
WTI crude oil holds near key support, natural gas maintains a bullish stance above $3, and the US Dollar Index faces mounting downside risk after repeated resistance failures.WTI Oil (CL) prices rebounded on Thursday after a five-day losing streak. The recovery came after data showed a larger-than-expected draw in US crude inventories, signalling steady domestic demand. Moreover, the refinery utilisation also increased in the Gulf Coast and West Coast, reinforcing the outlook for stronger consum