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 - EconoTimes)
Energy pack is trading in red. Weekly performance at a glance in chart & table.
Oil (WTI)
- WTI continuing its post-NFP sell off, further downside remains open. Today's range $43.6-45.1
- WTI is currently trading at $44.1/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 Friday. Today's range - $47.1-48.4
- Brent-WTI spread rose to $3.3/barrel, from $3/barrel last night
- Brent is trading at $47.4/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 $2.28-2.39.
- Natural Gas is currently trading at $2.31/mmbtu. Immediate support lies at $2, $1.85 area & resistance at $2.4.
|
WTI |
-0.97% |
|
Brent |
-0.48% |
|
Natural Gas |
-1.96% |
