Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Commodities snapshot (energy)

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

Oil (WTI) -

  • WTI is up today, gaining support from sharply rising Brent. Today's range $31.7-34.8

  • WTI is currently trading at $34.4/barrel. Immediate support lies at $28, area and resistance at $32, $34, $39 area.

Oil (Brent) -

  • Brent is sharply higher today, up almost 305 from recent low. Today's range - $32.5-35.9

  • Brent is at 90 cents premium to WTI.

  • Brent is trading at $35.3/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

  • Natural gas is down today as winter weather ease. Today's range $2.13-2.21
  • 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 $2.1/mmbtu. Immediate support lies at $2 area & resistance at $2.2, 2.32

WTI

        +6.87%

Brent

+9.80%

Natural Gas

 

-1.41%

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.