Commodities snapshot (energy)

Energy pack is in red today. Weekly performance at a glance in chart & table.

Oil (WTI) -

• WTI dropped sharply to start off the week. Today's range $34.5-35.9
  
  
• WTI is currently trading at $35.8/barrel. Immediate support lies at 32 area and resistance at $38, $42, $45 area.

Oil (Brent) -

• Brent is relatively better performer than WTI. Today's range - $36.3-38
  
  
• Brent-WTI spread dropped by $1.6/barrel to $1.5/barrel, since last Thursday.
  
  
• Brent is trading at $37.3/barrel. Immediate support lies at $34 area and resistance at $41, $45 region.

Natural Gas -   

• Natural gas dropped sharply today to 14 year low. Today's range $1.98-1.86
  
• Natural Gas is currently trading at $1.88/mmbtu. Immediate support lies at $1.85, $1.66 area & resistance at $2.1