Commodities snapshot (energy)

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

Oil (WTI) -

• WTI bulls not eager to follow up on yesterday's short covering. Today's range $36-37.1
  
  
• WTI is currently trading at $36.3/barrel. Immediate support lies at $32, $34.7 area and resistance at $39.1, $42, $43.6 area.

Oil (Brent) -

• Brent is much better performer than WTI. Today's range - $37.5-39
  
  
• Brent-WTI spread rose by $0.4/barrel to $1.9/barrel, since last Thursday.
  
  
• Brent is trading at $38.4/barrel. Immediate support lies at $34, $36.2 area and resistance at $41.5, $45, $47 region.

Natural Gas -   

• Natural gas continuing its decline, past 14 year low. Today's range $1.91-1.83
  
• Natural Gas is currently trading at $1.85/mmbtu. Immediate support lies at $1.66 area & resistance at $1.98, $2.1, $2.3