Energy pack is down in today’s trading. Weekly performance at a glance in chart & table.
Oil (WTI) –
- WTI is marginally down going into FOMC minutes. Today’s range $48.6 -48
- WTI is currently trading at $48.2/barrel. Immediate support lies at $42.5 area and resistance at 49 area.
Oil (Brent) –
- Brent is down in line with WTI. Today’s range - $48.8-49.6
- Brent is at $ 0.7/barrel premium to WTI.
- Brent is trading at $49 /barrel. Immediate support lies at $44, $40.5 area and resistance at $51, $54 region.
Natural Gas –
- Natural gas is worst performer this week. Today’s range $2-2.06
- Natural Gas is currently trading at $2.03/mmbtu. Immediate support lies at $2, $1.86 area & resistance at 2.3 and $2.48
WTI |
+4.33% |
Brent |
+2.51% |
Natural Gas |
-2.87% |