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Commodities snapshot (energy)

Energy pack is mixed, gas is up, oil is down. Weekly performance at a glance in chart & table.

Oil (WTI) -

  • WTI failed to join relief rally yesterday, as stock rose according EIA report and under pressure today too. Today's range $35-35.8

  • WTI is currently trading at $35.3/barrel. Immediate support lies at $32, $34.7 area and resistance at $39.1, $42, $43.6 area.

Oil (Brent) -

  • Brent is much better performer than WTI. Today's range - $36.9-37.8
  • Brent-WTI spread rose by $0.3/barrel to $2.2/barrel.

  • Brent is trading at $37.5/barrel. Immediate support lies at $34, $36.2 area and resistance at $41.5, $45, $47 region.

Natural Gas -   

  • Natural gas is marginally higher. Today's range $1.78-1.86
  • Natural Gas is currently trading at $1.83/mmbtu. Immediate support lies at $1.66 area & resistance at $1.98, $2.1, $2.3

WTI

        +0.09%

Brent

-0.42%

Natural Gas

 

-7.25%

  • Market Data
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