Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is down over risk aversion. Today’s range $50.7 -49.5

• WTI is currently trading at $49.7/barrel. Immediate support lies at $44.5, $48.5 area and resistance at 54 area.

Oil (Brent) –

• Brent is down in line with WTI. Today’s range - $51 -52.1

• Brent is trading at $1.4 per barrel premium to WTI.
   
• Brent is trading at $51.1/barrel. Immediate support lies at $44, $48 area and resistance at $54 region.

Natural Gas –   

• Natural gas is marginally down after big rise through the week. Today’s range $2.49-2.44

• Natural Gas is currently trading at $2.46/mmbtu. Immediate support lies at $2.1 area & resistance at 2.85 and $3.1