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100 EMA

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Pile of old, rusty oil barrels stacked outdoors with visible labels and numbers.
FORECASTSJUL 30, 2026
Oil Forecast: WTI Targets $84.75 Breakout as Brent Recovery Holds and Natural Gas Faces Resistance
WTI and Brent crude are extending their recovery as traders weigh persistent supply disruptions against softer demand and improving seasonal consumption. Natural gas has rebounded from support, but ample U.S. inventories and key technical resistance continue to limit bullish conviction.