Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is up as investors increase exposure to risky assets. Today’s range $49.8 -50.6
   
• WTI is currently trading at $50.1/barrel. Immediate support lies at $44.5, $48.5 area and resistance at 54 area.

Oil (Brent) –

• Brent is up in line with WTI. Today’s range - $50.5-51.3
   
• Brent is trading at $0.8 per barrel premium to WTI.
   
• Brent is trading at $50.9/barrel. Immediate support lies at $44, $48 area and resistance at $54 region.

Natural Gas –   

• Natural gas is down today but rose higher this week. Best performer in energy group Today’s range $2.72-2.78                                      
• Natural Gas is currently trading at $2.77/mmbtu. Immediate support lies at $2.1 area & resistance at 2.85 and $3.1