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 - EconoTimes)
Energy pack is trading in red. Weekly performance at a glance in chart & table.
Oil (WTI) -
- WTI is back to $43 key support level, further downside seems likely. Today's range $42.9-44.1
- WTI is currently trading at $43.1/barrel. Immediate support lies at $43, 38 area and resistance at $47.5 area.
Oil (Brent) -
- Brent is down in line with WTI today. Today's range - $46-47.7
- Brent-WTI spread flat at $3/barrel.
- Brent is trading at $46.1/barrel. Immediate support lies at $45, $42 area and resistance at $50.5, 54 region.
Natural Gas -
- Natural gas is struggling below key resistance around $2.4/mmbtu. Today's range $2.28-2.35
- Natural Gas is currently trading at $2.3/mmbtu. Immediate support lies at $2, $1.85 area & resistance at $2.4.
|
WTI |
-3.21% |
|
Brent |
-3.21% |
|
Natural Gas |
-1.96% |
