Commodities snapshot (energy)

Energy pack is red in today's trading. Weekly performance at a glance in chart & table.

Oil (WTI) -

• WTI has been under pressure after stock pile increased further in US according to last night's report by EIA. Today's range $29.5-30.75
  
  
• WTI is currently trading at $29.6/barrel. Immediate support lies at $24, 27 area and resistance at $32, $39 area.

Oil (Brent) -

• Brent is much better performer than WTI today. Today's range - $33.2-34.5
  
  
• Brent is at $3.8 /barrel premium to WTI.
  
  
• Brent is trading at $33.4/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

• Natural gas deteriorated sharply amid heavy selling pressure. Today's range $1.88 -1.81

• Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
  
• Natural Gas is currently trading at $1.84/mmbtu. Immediate support lies at $1.7 area & resistance at $2 and $2.3