Commodities snapshot (energy)

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

Oil (WTI) -

• WTI dropped sharply to trade as low as $30.4/barrel, however recovered heading into New York session. Today's range $30.4-31.7
  
  
• WTI is currently trading at $31.6/barrel. Immediate support lies at $28, $32 area and resistance at $38, $43.6 area.

Oil (Brent) -

• Brent is down in line with WTI. Today's range - $30.4-31.9
  
  
• Brent-WTI spread is at 20 cents per barrel.
  
  
• Brent is trading at $31.8/barrel. Immediate support lies at $28, $31 area and resistance at $39, $47 region.

Natural Gas -   

• Natural is down this week so far after three weeks of sharp rise. Today's range $2.37-2.31
  
• Natural Gas is currently trading at $2.34/mmbtu. Immediate support lies at $2.19 area & resistance at $2.4, 2.5