# Natural Gas and Oil Forecast: Peace Hopes Pressure Oil, Can WTI Hold $85.22?

> Oil fell more than $1 on peace hopes in the Iran and Russia-Ukraine conflicts, with Brent near $91.62 and WTI at $85.49. OPEC+ output rose about 2.04 million bpd in October, led by Saudi Arabia, and US inventories built. December natural gas traded near $3.25.

- Date: 2026-11-12 · published 2026-11-12T09:10:09.393Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/95273-natural-gas-and-oil-forecast-peace-hopes-pressure-oil-can-wti-hold-85-22
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Rising OPEC+ supply and peace hopes put downward pressure on crude, which reduces energy-linked cost pressure in the feed chain. The technical levels mentioned are market commentary and do not add a new supply or demand driver.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- fxempire.com: https://www.fxempire.com/forecasts/article/natural-gas-and-oil-forecast-peace-hopes-pressure-oil-can-wti-hold-85-22-1644060

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.