Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is marginally down, ahead of OPEC tomorrow. Today’s range $49.1 -47.9

• WTI is currently trading at $49.3/barrel. Immediate support lies at $44.5 area and resistance at 54 area.

Oil (Brent) –

• Brent is marginally down.  Today’s range - $49.1-48.7

• Brent is trading at
   
• Brent is trading at $48.8/barrel. Immediate support lies at $44, $40.5 area and resistance at $51, $54 region.

Natural Gas –   

• Natural gas broke above $2.3 key resistance, in for a big rise, will buy at dips, $2 area is the support now. Today’s range $2.14-2.18

• Natural Gas is currently trading at $2.35/mmbtu. Immediate support lies at $2 area & resistance at 2.45 and $2.54