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Commodities snapshot (energy)

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

Oil (WTI) -

  • WTI is down sharply as worries on China hit markets today. Today's range $44.3-45.5

  • WTI is currently trading at $44.4/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.

Oil (Brent) -

  • Brent is down but relatively performer than WTI today. Today's range - $47.3-48.4

  • Brent-WTI spread rose to $3/barrel from $2.8/barrel.

  • Brent is trading at $47.4/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.

Natural Gas -

  • Natural gas is top performer today as it found bids around psychological support of $2.5/mmbtu. Today's range $2.55-2.72.
  • Natural Gas is currently trading at $2.67/mmbtu. Immediate support lies at $2.5, $2.45 area & resistance at $2.75, $2.95, $3.04, $3.32.

WTI

+1.14%

Brent

+1.15%

Natural Gas

 

-1.92%

  • Market Data
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