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Commodities snapshot (energy)

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%

  • Market Data
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