Commodities snapshot (energy)

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

Oil (WTI) -

• WTI drops further to new low for 2016. Today's range $27.5-26.2
  
  
• WTI is currently trading at $26.7/barrel. Immediate support lies at $24, area and resistance at $30, $32, $39 area.

Oil (Brent) -

• Brent is relatively worse performer than WTI today. Today's range - $30.9-30
  
  
• Brent is at $3.7 /barrel premium to WTI.
  
  
• Brent is trading at $30.4/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

• Natural gas is up for the day. Today's range $2.04 -2.10

• 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 $2.05/mmbtu. Immediate support lies at $2 area & resistance at $2.2, 2.32