Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is up over risk affinity. Today’s range $46 -47.2

• WTI is currently trading at $47.1/barrel. Immediate support lies at $42.5 area and resistance at 49 area.

Oil (Brent) –

• Brent is up in line with WTI.  Today’s range - $48.9-47.3

• Brent is at $ 1.7/barrel premium to WTI.
   
• Brent is trading at $48.8/barrel. Immediate support lies at $44, $40.5 area and resistance at $51, $54 region.

Natural Gas –   

• Natural gas is worst performer today. Today’s range $2.15-2.05

• Natural Gas is currently trading at $2.07/mmbtu. Immediate support lies at $2, $1.86 area & resistance at 2.3 and $2.48