Commodities snapshot (energy)

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

Oil (WTI) -

• WTI is down today but continuing its consolidation, however market squeeze suggests breakout ahead. Today's range $45.8-44.1
  
  
• WTI is currently trading at $44.3/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.

Oil (Brent) -

• Brent is down in line with WTI today, relatively worse performer. Today's range - $48.5-47.
  
  
• Brent-WTI spread is at $2.9/barrel.
  
  
• Brent is trading at $47.2/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.

Natural Gas -   

• Natural continuing its drop for fourth consecutive day. Today's range $2.45-2.4.
  
• Natural Gas is currently trading at $2.43/mmbtu. Immediate support lies at $2.5, $2.45 area & resistance at $2.75, $2.95, $3.04, $3.32.