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Commodities snapshot (energy)

Energy pack is mixed in today’s trading. Weekly performance at a glance in chart & table,

Oil (WTI) –

  • Oil price remains elevated over geopolitical tensions surrounding Iran and Venezuela and as inventories slide. Today’s range - $60.3-$60.8
  • WTI is currently trading at $60.6/barrel. Immediate support lies at $59 area and resistance at $64 area.

Oil (Brent) –

  • Brent remains elevated over WTI due to higher demand, geopolitical tension and OPEC agreement. Today’s range - $64.2-64.6
  • Brent is trading at $3.6 per barrel premium to WTI.
  • Brent is trading at $64.5/barrel. Immediate support lies at $62 area and resistance at $67 region.

Natural Gas –   

  • Natural gas declining sharply after major spike as winter end nears and as contract shifted. Expect elevated volatility. Today’s range $2.71-2.61
  • Natural Gas is currently trading at $2.63/MMBtu. Immediate support lies at $2.45 area & resistance at $2.78, and $2.90

WTI

        -5.76%

Brent

        -4.91%

Natural Gas

         -4.65%


           

 

 

 

 

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2018-08-21 16:54:03
0m

August 21 12:55 UTC Released

USRedbook YY

Actual

4.7 %

Forecast

Previous

4.5 %

August 21 12:55 UTC Released

USRedbook MM

Actual

0.2 %

Forecast

Previous

0.1 %

January 31 00:00 UTC 292068292068m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 292068292068m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 303888303888m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 292068292068m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 303888303888m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 292068292068m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 292068292068m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 292068292068m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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