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Commodities snapshot (energy)

Energy pack is down in today’s trading. Weekly performance at a glance in chart & table,

Oil (WTI) –

  • Oil price is struggling as trade tensions weigh on demand, especially the deterioration in relations between Turkey and the U.S. and the weakness in the emerging markets.  Today’s range - $66.4-$65.3
  • WTI is currently trading at $66.2/barrel. Immediate support lies at $64 area and resistance at $72 area.

Oil (Brent) –

  • Brent remains elevated over WTI due to higher demand, geopolitical tension and OPEC agreement. Today’s range - $72.5-71.2
  • Brent is trading at $6.1 per barrel premium to WTI.
  • Brent is trading at $72.3/barrel. Immediate support lies at $70 area and resistance at $79 region.

Natural Gas –   

  • The bounce back from $2.7 area is continuing, as the U.S. and the EU have agreed in principle to trade more on gas.  Today’s range $2.96-$2.91
  • Natural Gas is currently trading at $2.95/MMBtu. Immediate support lies at $2.84 area & resistance at $3.10

WTI

        -2.11%

Brent

         -0.70%

Natural Gas

        +0.68%


           

 

 

 

 

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November 19 21:00 UTC Released

KRPPI Growth

Actual

-0.4 %

Forecast

Previous

0.3 %

November 19 21:00 UTC Released

KRPPI Growth YY

Actual

2.2 %

Forecast

Previous

2.7 %

January 31 00:00 UTC 421827421827m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 421827421827m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 433647433647m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 421827421827m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 433647433647m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 421827421827m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 421827421827m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 421827421827m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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