Commodities snapshot (energy)

Energy pack is trading in green today. Weekly performance at a glance in chart & table.

Oil (WTI) -

• WTI trimmed loss today from yesterday's selloffs after stocks rose this week according to EIA report. Today's range $47.7-48.7
  
• Active call - Buy WTI with targets around $53.6. $55.5 and $69 with stop around $43 for first two targets and $37.5 for the last.
  
  
• WTI is currently trading at $48.3/barrel. Immediate support lies at $43 area and resistance at $54 area.

Oil (Brent) -

• Brent is up in line with WTI today, relatively better performer. Today's range - $51.3-53.5
• Brent-WTI spread gained to $3.7/barrel from $3.6/barrel.
  
  
• Brent is trading at $52/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.

Natural Gas -   

• Natural gas headed higher, after stocks rose lower than expected. Today's range $2.45-2.53.
  
• Natural Gas is currently trading at $2.51/mmbtu. Immediate support lies at $2.35, $2.25 area & resistance at $2.55, $2.67, $2.95.