Commodities snapshot (energy)

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

Oil (WTI) -

• WTI dropped further, but recovered and now trading around $30/barrel. Today's range $30.5-29.3
  
  
• WTI is currently trading at $30.3/barrel. Immediate support lies at $28, area and resistance at $32, $34, $39 area.

Oil (Brent) -

• Brent is up but volatile in line with WTI. Today's range - $30.8-29.2
  
  
• Brent is at 30 cents premium to WTI.
  
  
• Brent is trading at $30.6/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

• Natural gas is up sharply today, due to increased demand due to clod weather. Today's range $2.13-2.22

• Active call - Buy Natural gas @2.2 and at dips with target around $3.72 and stop loss at 1.68
  
• Natural Gas is currently trading at $2.21/mmbtu. Immediate support lies at $2 area & resistance at $2.2, 2.32