Energy pack is green in today's trading. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI is crawling back yesterday's big loss. Further rise is likely. Today's range $36.2-37.4
- WTI is currently trading at $37/barrel. Immediate support lies at $32 area and resistance at $38, $44 area.
Oil (Brent) -
- Brent is up in line with WTI, marginally better performer. Today's range - $39.4-40.6
- Brent is at $3.3 /barrel premium to WTI.
- Brent is trading at $40.3/barrel. Immediate support lies at $35 area and resistance at $45, $49 region.
Natural Gas -
- Natural gas is gaining this week. Today's range $1.71 -1.75
- Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
- Natural Gas is currently trading at $1.74/mmbtu. Immediate support lies at $1.65 area & resistance at $2 and $2.3
|
WTI |
+2.38% |
|
Brent |
+3.81% |
|
Natural Gas |
+4.50% |


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
FxWirePro: Daily Commodity Tracker - 21st March, 2022 



