Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is up today after two days of consecutive rise. Today’s range $43.4-44.6

• WTI is currently trading at $44.5/barrel. Immediate support lies at $42.5 area and resistance at 49 area.

Oil (Brent) –

• Brent is up but relatively worse performer than WTI. Today’s range - $44.7-45.9

• Brent is at $ 1.2/barrel premium to WTI.
   
• Brent is trading at $45.7/barrel. Immediate support lies at $44, $40.5 area and resistance at $51, $54 region.

Natural Gas –   

• Natural gas is best performer today. Today’s range $2.22-2.19

• Natural Gas is currently trading at $2.15/mmbtu. Immediate support lies at $2, $1.86 area & resistance at 2.3 and $2.48