Commodities snapshot (energy)

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

Oil (WTI) –

• WTI is up today over risk-on sentiment. Today’s range $45.1 -46
   
• WTI is currently trading at $45.7/barrel. Immediate support lies at $44.5 area and resistance at 54 area.

Oil (Brent) –

• Brent is in up in line with WTI. Today’s range - $46.5-47.3
   
• Brent is trading at $1.2 per barrel premium to WTI.
   
• Brent is trading at $46.9/barrel. Immediate support lies at $44 area and resistance at $54 region.

Natural Gas –   

• Natural gas is up after finding support around $2.7. Today’s range $2.74-2.83                        
• Natural Gas is currently trading at $2.79/mmbtu. Immediate support lies at $2.4, $2.7 area & resistance at 2.95 and $3.1