Commodities snapshot (energy)

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

Oil (WTI) -

• WTI is down today after solid rise in past few weeks. Further rise is likely. Today's range $38.4-36.75
  
  
• WTI is currently trading at $37.1/barrel. Immediate support lies at $32 area and resistance at $38, $44 area.

Oil (Brent) -

• Brent is relatively better performer than WTI today. Today's range - $39.8-41.5
  
  
• Brent is at $2.9 /barrel premium to WTI.
  
  
• Brent is trading at $40/barrel. Immediate support lies at $35 area and resistance at $45, $49 region.

Natural Gas -    

• Natural gas is continuing its downward journey. Today's range $1.67 -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 $1.71/mmbtu. Immediate support lies at $1.65 area & resistance at $2 and $2.3