Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is down as investors flee risky assets. Today’s range $45.9 -46.9

• WTI is currently trading at $46.1/barrel. Immediate support lies at $44.5 area and resistance at 54 area.

Oil (Brent) –

• Brent is in slightly bigger decline compared to WTI. Today’s range - $47.1-48.3

• Brent is trading at $1.2 per barrel premium to WTI.
   
• Brent is trading at $47.3/barrel. Immediate support lies at $44, $48 area and resistance at $54 region.

Natural Gas –   

• Natural gas is down largely on profit bookings. Today’s range $2.7-2.8

• Natural Gas is currently trading at $2.72/mmbtu. Immediate support lies at $2.4 area & resistance at 2.85 and $3.1