Energy pack is mixed in today’s trading. Weekly performance at a glance in chart & table,
Oil (WTI) –
- WTI is higher on OPEC optimism. Today’s range $51.7 -52.3
- Active call – Buy targeting $56 per barrel
- WTI is currently trading at $52.1/barrel. Immediate support lies at $49 area and resistance at $53 area.
Oil (Brent) –
- Brent is down today, contrasting with WTI. Today’s range - $58-57.4
- Brent is trading at $5.7 per barrel premium to WTI.
- Brent is trading at $57.8/barrel. Immediate support lies at $54 area and resistance at $59 region.
Natural Gas –
- Natural gas continues its consolidation in a narrow range. Today’s range $3.02-2.9
- Natural Gas is currently trading at $2.99/MMBtu. Immediate support lies at $2.75 area & resistance at and $3.15
WTI |
+0.50% |
Brent |
-0.21% |
Natural Gas |
+3.07% |
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