Energy pack is mixed in today's trading. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI gained further over optimism surrounding global policy coordination. Today's range $31-31.75
- WTI is currently trading at $31.5/barrel. Immediate support lies at $24, 27 area and resistance at $32, $39 area.
Oil (Brent) -
- Brent is up bit worse performer than WTI today. Today's range - $34.3-35.5
- Brent is at $3.7 /barrel premium to WTI.
- Brent is trading at $35.2/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.
Natural Gas -
- Natural gas is under heavy selling pressure as winter passes on. Today's range $1.89 -1.96
- Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
- Natural Gas is currently trading at $1.89/mmbtu. Immediate support lies at $1.7 area & resistance at $2 and $2.3
|
WTI |
+7.00% |
|
Brent |
+7.45% |
|
Natural Gas |
-3.32% |


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