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% |






