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 - EconoTimes)
Energy pack is trading in red today. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI is down heading into FOMC rate decision after yesterday's spectacular rise. Today's range $47-45.
- WTI is currently trading at $45.2/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.
Oil (Brent) -
- Brent dropped along with WTI, relatively better performer. Today's range - $47.8-49.8.
- Brent-WTI spread rose to $2.6/barrel from $1.9/barrel.
- Brent is trading at $47.8 /barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.
Natural Gas -
- Natural gas trading with downside bias, little moved by FOMC. Today's range $2.67-2.6.
- Natural Gas is currently trading at $2.62/mmbtu. Immediate support lies at $2.55, $2.45 area & resistance at $2.75, $2.95, $3.04, $3.32.
|
WTI |
+1.12% |
|
Brent |
-0.58% |
|
Natural Gas |
-2.49% |
