Energy pack is mixed today, oil is down, and gas is up. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI continuing its decline from last week. Today's range $36.1-35.4
- WTI is currently trading at $35.8/barrel. Immediate support lies at $32, $34.7 area and resistance at $39.1, $42, $43.6 area.
Oil (Brent) -
- Brent is marginally better performer than WTI. Today's range - $36-36.7
- Brent-WTI spread dropped below $1 after US lifted ban on crude export. Currently trading at $0.5/barrel.
- Brent is trading at $36.3/barrel. Immediate support lies at $34, $36 area and resistance at $38.5, $41.5, $45, $47 region.
Natural Gas -
- Natural gas is recovering last week's selloff. Today's range $1.76-1.86
- Natural Gas is currently trading at $1.81/mmbtu. Immediate support lies at $1.66 area & resistance at $1.98, $2.1, $2.3
|
WTI |
-0.97% |
|
Brent |
-0.82% |
|
Natural Gas |
+2.72% |


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
FxWirePro: Daily Commodity Tracker - 21st March, 2022 



