Commodities snapshot (energy)

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

Oil (WTI) -

• WTI is back in red after yesterday's block buster gains. Today's range $33-31.7
  
  
• WTI is currently trading at $32.2/barrel. Immediate support lies at $28, area and resistance at $32, $34, $39 area.

Oil (Brent) -

• Brent is relatively much worse performer than WTI today. Today's range - $35.8-34.1
• Brent is at $2.6/barrel premium to WTI.
  
  
• Brent is trading at $34.8/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

• Natural gas is in red, despite weakness in Dollar. Today's range $1.99-2.05

• Active call - Buy Natural gas @2.2 and at dips with target around $3.72 and stop loss at 1.68
  
• Natural Gas is currently trading at $2/mmbtu. Immediate support lies at $2 area & resistance at $2.2, 2.32