Commodities snapshot (energy)

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

Oil (WTI) -

• WTI is sharply up today, despite Iran showing resistance to production freeze. Today's range $28.7-30.3
  
  
• WTI is currently trading at $29.5/barrel. Immediate support lies at $24, area and resistance at $30, $32, $39 area.

Oil (Brent) -

• Brent is up in line with WTI today. Today's range - $31.8-33.7
• Brent is at $4 /barrel premium to WTI.
  
  
• Brent is trading at $33/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

• Natural gas reversed gains and now down more than 1%. Today's range $1.89 -1.95

• Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
  
• Natural Gas is currently trading at $1.89/mmbtu. Immediate support lies at $1.7 area & resistance at $2 and $2.3