Energy pack is mixed in today's trading. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI struggling to break above key resistance around $34/barrel area. Bulls are however, yet to give up trying. Today's range $32.3-33.3
- WTI is currently trading at $33.1/barrel. Immediate support lies at $24, 27 area and resistance at $34, $39 area.
Oil (Brent) -
- Brent is much better performer than WTI today. Today's range - $35.1-36.1
- Brent is at $2.8 /barrel premium to WTI.
- Brent is trading at $35.9/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.
Natural Gas -
- Natural gas is down close to 5%, over intense selling pressure. Today's range $1.68 -1.8
- Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
- Natural Gas is currently trading at $1.7/mmbtu. Immediate support lies at $1.7 area & resistance at $2 and $2.3
WTI |
+0.76% |
Brent |
+2.13% |
Natural Gas |
-4.21% |