Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is down again over risk aversion. Today’s range $47.5 -48.3

• WTI is currently trading at $47.8/barrel. Immediate support lies at $44.5, $48.5 area and resistance at 54 area.

Oil (Brent) –

• Brent is down but worse performer than WTI. Today’s range - $48.6-49.5

• Brent is trading at $1 per barrel premium to WTI.
   
• Brent is trading at $48.8/barrel. Immediate support lies at $44, $48 area and resistance at $54 region.

Natural Gas –   

• Natural gas best performer this week and today. Today’s range $2.63-2.58 

• Natural Gas is currently trading at $2.61/mmbtu. Immediate support lies at $2.1 area & resistance at 2.85 and $3.1