Commodities snapshot (energy)

Energy pack is in green today. Weekly performance at a glance in chart & table.

Oil (WTI) -

• WTI is sharply up today, after two days of consecutive drop. Today's range $46.4-44.1
  
  
• WTI is currently trading at $46.2/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.

Oil (Brent) -

• Brent rose along with WTI, however marginally worse performer today. Today's range - $47.6-49.6.
• Brent-WTI dropped to $3.3/barrel. Further contraction possible.
  
  
• Brent is trading at $49.5/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.

Natural Gas -

• Natural gas is continuing its range trade around $2.7 area. Today's range $2.72-2.64.
  
• Natural Gas is currently trading at $2.7/mmbtu. Immediate support lies at $2.55, $2.45 area & resistance at $2.75, $2.95, $3.04, $3.32.