Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is down as Brexit fear weigh. Today’s range $48 -46
   
• WTI is currently trading at $47.1/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 - $48.9-47.3
   
• Brent is trading at $0.8 per barrel premium to WTI.
   
• Brent is trading at $47.9/barrel. Immediate support lies at $44, $48 area and resistance at $54 region.

Natural Gas –   

• Natural gas is higher, contrasting with oil. Today’s range $2.7-2.63                                                             
• Natural Gas is currently trading at $2.67/mmbtu. Immediate support lies at $2.1 area & resistance at 2.85 and $3.1