Energy pack is mixed, while oil is down, gas is trading green today. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI is down, reversing gains after FOMC minutes. Today's range $39.9-41.1
- WTI is currently trading at $40.2/barrel. Immediate support lies at 38 area and resistance at $45, $47.5 area.
Oil (Brent) -
- Brent is much better performer than WTI. Today's range - $43.7 - $44.8
- Brent-WTI spread rose to $3.9/barrel from $3.1/barrel last night.
- Brent is trading at $44.1/barrel. Immediate support lies at $42, $38 area and resistance at $48, $50.5, 54 region.
Natural Gas -
- Natural gas is up today, however bulls seem to be gathering force. Today's range $2.31-2.37
- EIA report showed, inventory rose by 15 billion cubic feet to record 4 trillion cubic feet.
- Buy Natural gas @2.4, targeting $3.15/mmbtu and stop loss at $2.1/mmbtu.
- Natural Gas is currently trading at $2.35/mmbtu. Immediate support lies at $2, $1.85 area & resistance at $2.4.
|
WTI |
-1.30% |
|
Brent |
-0.74% |
|
Natural Gas |
-1.01% |


1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it?
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat?
What is Zionism? The different meanings of a contested term
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem 



