Energy pack is down in today’s trading. Weekly performance at a glance in chart & table,
Oil (WTI) –
- Oil price is looking to recover from a major correction. Today’s range - $62.3-$62.9
- WTI is currently trading at $62.7/barrel. Immediate support lies at $57 area and resistance at $62 area.
Oil (Brent) –
- Brent remains elevated over WTI due to higher demand, geo-political tension and OPEC agreement. Today’s range - $65.8-66.5
- Brent is trading at $3.6 per barrel premium to WTI.
- Brent is trading at $66.3/barrel. Immediate support lies at $62 area and resistance at $67 region.
Natural Gas –
- Natural gas is recovering this week after two weeks of battering. Today’s range $2.62-2.55
- Natural Gas is currently trading at $2.57/MMBtu. Immediate support lies at $2.45 area & resistance at $2.78, and $2.90
WTI |
+1.79% |
Brent |
+2.16% |
Natural Gas |
+0.59% |
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