Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is consolidating above $45 area, awaiting to test $50 resistance. Today’s range $44.9-45.6

• WTI is currently trading at $45.3/barrel. Immediate support lies at $32.8, 36.5 area and resistance at $45, 49 area.

Oil (Brent) –

• Brent is down in line with WTI. Today’s range - $46.7-47.5

• Brent is at $ 1.9/barrel premium to WTI.
   
• Brent is trading at $47.2/barrel. Immediate support lies at $38.5, $35.4 area and resistance at $47, $52 region.

Natural Gas –   

• Natural gas worst performer today and this week. Today’s range $2.09-1.6

• Natural Gas is currently trading at $2.1/mmbtu. Immediate support lies at $1.86 area & resistance at 2.3 and $2.23