Commodities snapshot (energy)

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

Oil (WTI) -

• WTI reversing gains over stronger NFP report. Today's range $44.5-45.7
  
  
• WTI is currently trading at $44.8/barrel. Immediate support lies at $43, 38 area and resistance at $47.5 area.

Oil (Brent) -

• Brent is down in line with WTI today but better performer since last night. Today's range - $47.6-48.6
  
  
• Brent-WTI spread trading rose to $3/barrel, from $2.4/barrel last night
  
  
• Brent is trading at $47.8/barrel. Immediate support lies at $45, $46.5 area and resistance at $50.5, 54 region.

Natural Gas -   

• Natural gas is down reversing gains as Dollar strengthened. Today's range $2.31-2.39.
  
• Natural Gas is currently trading at $2.32/mmbtu. Immediate support lies at $2, $1.85 area & resistance at $2.4.