Energy pack is mixed today. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI started the week on positive note. Today's range $28.9-30.2
- WTI is currently trading at $30/barrel. Immediate support lies at $24, area and resistance at $30, $32, $39 area.
Oil (Brent) -
- Brent is relatively better performer than WTI today. Today's range - $32.8-34
- Brent is at $3.7 /barrel premium to WTI.
- Brent is trading at $33.7/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.
Natural Gas -
- Natural gas is biggest loser of the day. Today's range $1.92 -1.97
- 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
|
WTI |
+1.66% |
|
Brent |
+2.90% |
|
Natural Gas |
-2.04% |


FxWirePro: Daily Commodity Tracker - 21st March, 2022
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



