Energy segment's performance is mixed in today's trading. Weekly performance at a glance in chart & table -
- Oil (WTI) - WTI rallied back after dollar weakened post FOMC last week. WTI crude is currently trading at 46.90, up 0.92% today. Immediate support lies at 42, 38 and resistance at 48.3, 53.
- Oil (Brent) - Demand concern from china weighs on price as Brent suffers in spreads. Brent-WTI spread is trading at $ 8.76/barrel, support lies at $8 and resistance at $13. Last week it traded close to $11.5/barrel. Brent bounced back after reaching initial target of $53. Immediate support lies at 52.5, 48, 45 & resistance at 58.4, 62.
- Natural Gas - Natural gas failed to gain traction over weaker FOMC as improved weather condition continue to weigh on prices. Last week's inventory fell only by 45 billion cubic feet. Natural Gas is currently trading at 2.70/mmbtu. Immediate support lies at 2.65 & resistance at 2.87, 3.02.
|
WTI |
0.92% |
|
Brent |
0.65% |
|
Natural Gas |
-3.02% |


Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment
Physicists zoom into the birth of cosmic rainstorms with new CERN study
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown
1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
Who should own the knowledge that underpins AI technology?
Banking scandal rocks Brazil’s politics and the country’s presidential election in October
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it?
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
Europe can’t achieve space sovereignty alone. Here’s why 



