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 - EconoTimes)
Energy pack is trading in red. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI reversing gains over stronger NFP report. Today's range $44.5-45.7
- WTI is currently trading at $44.8/barrel. Immediate support lies at $43, 38 area and resistance at $47.5 area.
Oil (Brent) -
- Brent is down in line with WTI today but better performer since last night. Today's range - $47.6-48.6
- Brent-WTI spread trading rose to $3/barrel, from $2.4/barrel last night
- Brent is trading at $47.8/barrel. Immediate support lies at $45, $46.5 area and resistance at $50.5, 54 region.
Natural Gas -
- Natural gas is down reversing gains as Dollar strengthened. Today's range $2.31-2.39.
- Natural Gas is currently trading at $2.32/mmbtu. Immediate support lies at $2, $1.85 area & resistance at $2.4.
|
WTI |
-3.36% |
|
Brent |
-3.30% |
|
Natural Gas |
+0.61% |
