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Energy pack is trading in red today. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI is up today but still continuing its consolidation, however market squeeze suggests breakout ahead. Today's range $45.2-47
- WTI is currently trading at $46.3/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.
Oil (Brent) -
- Brent is down in line with WTI today, relatively better performer. Today's range - $48.5-47
- Brent-WTI spread is at $3/barrel.
- Brent is trading at $49.2/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.
Natural Gas -
- Natural continuing its drop. Today's range $2.5-2.42.
- Natural Gas is currently trading at $2.45/mmbtu. Immediate support lies at $2.35, $2.25 area & resistance at $2.55, $2.67, $2.95.
|
WTI |
+0.94% |
|
Brent |
+1.89% |
|
Natural Gas |
-0.37% |
