Energy pack is mixed in today's trading. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI dropped sharply today during Asian hours, however recovering ground heading into New York session. Today's range $32.4-33.5
- WTI is currently trading at $33.4/barrel. Immediate support lies at $24, 27 area and resistance at $34, $39 area.
Oil (Brent) -
- Brent recovered from earlier loss and now trading in green for the day. Today's range - $33.7-35
- Brent is at $1.6 /barrel premium to WTI.
- Brent is trading at $35/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.
Natural Gas -
- Natural gas struggling to make gains amid heavy selling pressure, with summer approaching. Today's range $1.79 -1.85
- Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
- Natural Gas is currently trading at $1.82/mmbtu. Immediate support lies at $1.7 area & resistance at $2 and $2.3
|
WTI |
+5.20% |
|
Brent |
+5.84% |
|
Natural Gas |
+1.11% |


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