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Energy pack is in mixed today, while oil is in red, gas is trading in green. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI dropped today as it keep finding sellers at rallies, now on its way to test support around $43 area once again. Today's range $45-43.8
- WTI is currently trading at $44/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.
Oil (Brent) -
- Brent dropped along with WTI, however much worse performer today. Today's range - $46.8-48.3.
- Brent-WTI dropped by $0.3 to $2.9/barrel. Further contraction likely
- Brent is trading at $46.9/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.
Natural Gas -
- Natural gas is continuing its range trade around $2.7 area but showing considerable strength today, might break it to the upside.. Today's range $2.73-2.68.
- Natural Gas is currently trading at $2.72/mmbtu. Immediate support lies at $2.55, $2.45 area & resistance at $2.75, $2.95, $3.04, $3.32.
|
WTI |
-1.57% |
|
Brent |
-2.45% |
|
Natural Gas |
+1.41% |
