Commodities snapshot (energy)

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

Oil (WTI) -

• WTI bulls are consolidating around $34-35 key resistance area. Further rise is likely. Today's range $34.4-35.2
  
  
• WTI is currently trading at $34.5/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 - $38-36.8
  
  
• Brent is at $2.7 /barrel premium to WTI.
  
  
• Brent is trading at $37.2/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -    

• Natural gas breaking into new lows. Today's range $1.65 -1.6

• Active call - sell natural gas targeting $1.32 and $1.2 area with stop around $2.3
  
• Natural Gas is currently trading at $1.63/mmbtu. Immediate support lies at $1.65 area & resistance at $2 and $2.3