Commodities snapshot (energy)

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

Oil (WTI) -

• WTI dropped sharply in Asian session, however recovered somewhat heading into New York session but still down for the day. Today's range $33.2-32.2
   
• WTI is currently trading at $32.8/barrel. Immediate support lies at $28, $32 area and resistance at $38, $43.6 area.

Oil (Brent) -

• Brent is down in line with WTI. Today's range - $33.4-32.4
   
• Brent-WTI spread is at 20 cents per barrel.
   
• Brent is trading at $33/barrel. Immediate support lies at $28, $31 area and resistance at $39, $47 region.

Natural Gas -   

• Natural is down today after three weeks of sharp rise. Today's range $2.47-2.4
• Natural Gas is currently trading at $2.41/mmbtu. Immediate support lies at $2.19 area & resistance at $2.4, 2.5