Commodities snapshot (energy)

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

Oil (WTI) -

• WTI is up squeezing the spread with Brent. Today's range $44.8-46.4
  
  
• WTI is currently trading at $45.4/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.

Oil (Brent) -

• Brent is much worse performer than WTI today. Today's range - $47.8-49.3
  
  
• Brent-WTI spread dropped to $2.8/barrel from $3.3/barrel.
  
  
• Brent is trading at $48.2/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.

Natural Gas -

• Natural gas is trading with downside bias above key psychological support of $2.5/mmbtu. Today's range $2.52-2.61.
  
• Natural Gas is currently trading at $2.55/mmbtu. Immediate support lies at $2.5, $2.45 area & resistance at $2.75, $2.95, $3.04, $3.32.