Energy pack is continuing range today. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI has taken support but still subdued compared to Brent. Today's range $59.1-57.9
- Target for the downside is coming around $50-51/barrel if doji high is not taken out at $62.7. A break above could push prices as high as $70/barrel. $75/barrel remains next target.
- WTI is currently trading at $58.9/barrel. Immediate support lies at $56-54.6, $51.2-50 and resistance at $63-$65.
Oil (Brent) -
- Brent has successfully bounced back from support area around $61.5. Today's range $61.7-63.3
- Brent-WTI spread gained 70 cents today, currently trading at $4.2/barrel.
- Target is coming around $55/barrel, if doji high is not taken out. A break would push it towards $80/barrel.
- Brent is trading at $63.1/barrel. Immediate support lies at 61.8-61.4 area and resistance at $ 70 region.
Natural Gas -
- Natural gas bulls are struggling to keep the bullish momentum going as $2.85 are proving to be tough nut to crack.
- Natural Gas is currently trading at $2.75/mmbtu. Immediate support lies at $2.7, $2.45 area & resistance at $2.85, $2.93, $3.04, $3.32.
|
WTI |
-1.17% |
|
Brent |
-0.09% |
|
Natural Gas |
-0.61% |


1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it?
Physicists zoom into the birth of cosmic rainstorms with new CERN study
Banking scandal rocks Brazil’s politics and the country’s presidential election in October
AI is supercharging money scams – here’s what you can do to protect yourself
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat? 



