Commodities snapshot (energy)

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

Oil (WTI) -

• WTI bulls broken above $34 key resistance area and now consolidating below psychological $35 level. Further rise is likely. Today's range $33.5-34.5
  
  
• WTI is currently trading at $34.2/barrel. Immediate support lies at $24, 27 area and resistance at $34, $39 area.

Oil (Brent) -

• Brent is worse performer than WTI today. Today's range - $37.1-36.2
  
  
• Brent is at $2.6 /barrel premium to WTI.
  
  
• Brent is trading at $36.8/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

• Natural gas is marginally higher, but selling pressure likely to persist. Today's range $1.69 -1.75

• Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
  
• Natural Gas is currently trading at $1.72/mmbtu. Immediate support lies at $1.65 area & resistance at $2 and $2.3