Commodities snapshot (energy)

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

Oil (WTI) -

• WTI moved higher over escalating tensions in Middle East as Saudi Arabia severed diplomatic ties with Iran. Today's range $36.7-38.4
  
  
• WTI is currently trading at $37.8/barrel. Immediate support lies at $32, $34.7 area and resistance at $39.1, $42, $43.6 area.

Oil (Brent) -

• Brent is better performer than WTI over Middle East tensions. Today's range - $37-39
• Brent-WTI spread is at 60 cents per barrel.
  
  
• Brent is trading at $38.4/barrel. Immediate support lies at $34, $36 area and resistance at $38.5, $41.5, $45, $47 region.

Natural Gas -   

• Natural gas marginally down today after last week's big gains Today's range $2.23-2.37
  
• Natural Gas is currently trading at $2.31/mmbtu. Immediate support lies at $1.66 area & resistance at $1.98, $2.1, $2.3