Energy pack is down in today’s trading. Weekly performance at a glance in chart & table.
Oil (WTI) –
- WTI is sharply down as Dollar recovers over FOMC minutes. Today’s range $48.1 -47
- WTI is currently trading at $47.1/barrel. Immediate support lies at $42.5 area and resistance at 49 area.
Oil (Brent) –
- Brent is down in line with WTI. Today’s range - $48.8-47.4
- Brent is at $ 0.5/barrel premium to WTI.
- Brent is trading at $47.6/barrel. Immediate support lies at $44, $40.5 area and resistance at $51, $54 region.
Natural Gas –
- Natural gas is up today after dropping below $2/mmbtu. Today’s range $1.97-2.03
- Natural Gas is currently trading at $2.01/mmbtu. Immediate support lies at $2, $1.86 area & resistance at 2.3 and $2.48
WTI |
+1.95% |
Brent |
-0.42% |
Natural Gas |
-3.59% |