Commodities snapshot (energy)

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

Oil (WTI) -

• WTI shrugged off Naimi's comments as EIA data showed lesser build up in stocks. Today's range $32.7-33.9
  
  
• WTI is currently trading at $33.6/barrel. Immediate support lies at $24, 27 area and resistance at $34, $39 area.

Oil (Brent) -

• Brent is better performer than WTI today. Today's range - $34.7.7-36.2
  
  
• Brent is at $2.4 /barrel premium to WTI.
  
  
• Brent is trading at $36/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

• Natural gas almost flat for the day. Today's range $1.77 -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 $1.78/mmbtu. Immediate support lies at $1.7 area & resistance at $2 and $2.3