Commodities snapshot (energy)

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

Oil (WTI) -

• WTI is back to $43 key support level, further downside seems likely. Today's range $42.9-44.1
   
• WTI is currently trading at $43.1/barrel. Immediate support lies at $43, 38 area and resistance at $47.5 area.

Oil (Brent) -

• Brent is down in line with WTI today. Today's range - $46-47.7
   
• Brent-WTI spread flat at $3/barrel.
   
• Brent is trading at $46.1/barrel. Immediate support lies at $45, $42 area and resistance at $50.5, 54 region.

Natural Gas -   

• Natural gas is struggling below key resistance around $2.4/mmbtu. Today's range $2.28-2.35
• Natural Gas is currently trading at $2.3/mmbtu. Immediate support lies at $2, $1.85 area & resistance at $2.4.