Energy segment's performance is overall positive in today's trading. Weekly performance at a glance in chart & table - Oil (WTI) - WTI is continuing its post FOMC rally. Weaker dollar improved prospects of US crude amid …
Energy segment's performance is overall positive in today's trading. Weekly performance at a glance in chart & table -
Oil (WTI) - WTI is continuing its post FOMC rally. Weaker dollar improved prospects of US crude amid oversupply. WTI crude is currently trading at 47.8, up 0.75% today. Price target is coming around $51/barrel and $54/barrel.Immediate support lies at 42, 38 and resistance at 48.3, 53.
Oil (Brent) - Weaker Chinese PMI figure is weighing on Brent price today. Brent-WTI spread is trading at $ 7.7/barrel, broken the support at $8/barrel. Last week it traded close to $11.5/barrel.Brent failed to break above the resistance near $58. Brent is trading at $55.4/barrel. Immediate support lies at 52.5, 48, 45 & resistance at 58.4, 62.
Natural Gas - Natural gas trading directionless within ranges. Natural Gas is currently trading at 2.79/mmbtu. Immediate support lies at 2.65, 2.55 & resistance at 2.91, 3.02.
Ethereum price climbed 1.16% over the past 24 hours to $2,407.30, maintaining support above $2,390 as the broader cryptocurrency market recovered. The global crypto market capitalization increased 1.2% to $2.74 trillion,…
Germany’s Sparkassen savings bank network has officially launched cryptocurrency trading, allowing eligible customers to buy and sell Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Polygon (POL) directly through i…
