Energy pack is mixed today, oil is up, and gas is down. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI is up marginally as Chinese government leaders assured of further stimulus. Today's range $36.1-35.4
- WTI is currently trading at $36/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 - $36.3-35.6
- Brent-WTI spread dropped to 20 cents per barrel.
- Brent is trading at $36.2/barrel. Immediate support lies at $34, $36 area and resistance at $38.5, $41.5, $45, $47 region.
Natural Gas -
- Natural gas continuing one of its worst winter ever. However up this week so far. Today's range $1.94-1.86
- Natural Gas is currently trading at $1.89/mmbtu. Immediate support lies at $1.66 area & resistance at $1.98, $2.1, $2.3
|
WTI |
-0.17% |
|
Brent |
-1.17% |
|
Natural Gas |
+6.98% |


FxWirePro: Daily Commodity Tracker - 21st March, 2022 



