Commodities snapshot (energy)

Energy pack is mixed, while gas is down, oil trading in green today. Weekly performance at a glance in chart & table.

Oil (WTI) -

• WTI is continuing its consolidation, however market squeeze suggests breakout ahead. Today's range $44.6-45.9
  
• EIA report showed inventory rose by 3.955 million barrels.
  
  
• WTI is currently trading at $45.3/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.

Oil (Brent) -

• Brent is up in line with WTI today. Today's range - $47.8-49.2
  
  
• Brent-WTI spread rose by $0.1 to $3.1/barrel.
  
  
• Brent is trading at $48.4/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.

Natural Gas -

• Natural gas dropped further wiping out all of Monday's gains. Today's range $2.53-2.61.
  
• Natural Gas is currently trading at $2.54/mmbtu. Immediate support lies at $2.5, $2.45 area & resistance at $2.75, $2.95, $3.04, $3.32.