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Commodities snapshot (energy)

Energy pack is mixed in today's trading. Weekly performance at a glance in chart & table.

Oil (WTI) -

  • WTI is down today despite improvement in risk sentiment. Today's range $38.4-37.4

  • WTI is currently trading at $37.5/barrel. Immediate support lies at $32 area and resistance at $38, $44 area.

Oil (Brent) -

  • Brent is down in line with WTI, marginally better performer. Today's range - $39.9-41

  • Brent is at $2.5 /barrel premium to WTI.

  • Brent is trading at $40/barrel. Immediate support lies at $35 area and resistance at $45, $49 region.

Natural Gas -    

  • Natural gas is best performer today and this week. Today's range $1.73 -1.79
  • Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
  • Natural Gas is currently trading at $1.78/mmbtu. Immediate support lies at $1.65 area & resistance at $2 and $2.3

WTI

        +3.76%

Brent

+3.04%

Natural Gas

 

+6.91%

  • Market Data
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