Commodities snapshot (energy)

Energy pack is mixed today's trading. Weekly performance at a glance in chart & table.

Oil (WTI) -

• WTI is flat today, as bulls struggling to gain on yesterday's big advance. Today's range $45.1-46.8
  
• Bears are likely to push towards $38/barrel area, since support at $43-44 cleared.
  
  
• WTI is currently trading at $46.2/barrel. Immediate support lies at $43, 38 area and resistance at $47.5 area.

Oil (Brent) -

• Brent is marginally down today. Today's range - $48.1-49.4
  
  
• Brent-WTI spread dropped from $3.3/barrel to $3/barrel.
  
  
• Brent is trading at $49/barrel. Immediate support lies at $45, $46.5 area and resistance at $50.5, 54 region.

Natural Gas -   

• Natural gas is trading in green today. Today's range $2.28-2.38.
  
• Natural Gas is currently trading at $2.33/mmbtu. Immediate support lies at $2, $1.85 area & resistance at $2.4.