Commodities snapshot (energy)

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

Oil (WTI) -

• WTI gave up gains as risks stemming from Saudi-Iran relations fail to stir up global turmoil. Today's range $36.4-37.1
  
  
• WTI is currently trading at $36.7/barrel. Immediate support lies at $32, $34.7 area and resistance at $39.1, $42, $43.6 area.

Oil (Brent) -

• Brent is worse performer than WTI over fading Middle East tensions. Today's range - $37.6-36.8
  
  
• Brent-WTI spread is at 40 cents per barrel.
  
  
• Brent is trading at $37.1/barrel. Immediate support lies at $34, $36 area and resistance at $38.5, $41.5, $45, $47 region.

Natural Gas -   

• Natural gas gave up earlier gains and moved into red heading into New York session Today's range $2.23-2.37
  
• Natural Gas is currently trading at $2.26/mmbtu. Immediate support lies at $1.66 area & resistance at $1.98, $2.1, $2.3