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 - EconoTimes)
Energy pack is trading in red today. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI is down sharply as worries on China hit markets today. Today's range $44.3-45.5
- WTI is currently trading at $44.4/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.
Oil (Brent) -
- Brent is down but relatively performer than WTI today. Today's range - $47.3-48.4
- Brent-WTI spread rose to $3/barrel from $2.8/barrel.
- Brent is trading at $47.4/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.
Natural Gas -
- Natural gas is top performer today as it found bids around psychological support of $2.5/mmbtu. Today's range $2.55-2.72.
- Natural Gas is currently trading at $2.67/mmbtu. Immediate support lies at $2.5, $2.45 area & resistance at $2.75, $2.95, $3.04, $3.32.
|
WTI |
+1.14% |
|
Brent |
+1.15% |
|
Natural Gas |
-1.92% |
