Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is down over risk aversion. Today’s range $46 -48.9

• WTI is currently trading at $48.6/barrel. Immediate support lies at $44.5, $48.5 area and resistance at 54 area.

Oil (Brent) –

• Brent is down in line with WTI. Today’s range - $47.3-50.3

• Brent is trading at $1.5 per barrel premium to WTI.
   
• Brent is trading at $50.1/barrel. Immediate support lies at $44, $48 area and resistance at $54 region.

Natural Gas –   

• Natural gas once again started the week in green. Today’s range $2.58-2.63                            
• Natural Gas is currently trading at $2.61/mmbtu. Immediate support lies at $2.1 area & resistance at 2.85 and $3.1