Commodities snapshot (energy)

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

Oil (WTI) -

• WTI is up today but still continuing its consolidation, however market squeeze suggests breakout ahead. Today's range $45.2-47
  
  
• WTI is currently trading at $46.3/barrel. Immediate support lies at $43.3, $41.5 area and resistance at $48 area.

Oil (Brent) -

• Brent is down in line with WTI today, relatively better performer. Today's range - $48.5-47
• Brent-WTI spread is at $3/barrel.
  
  
• Brent is trading at $49.2/barrel. Immediate support lies at $45 area and resistance at $52.5, 59 region.

Natural Gas -   

• Natural continuing its drop. Today's range $2.5-2.42.
  
• Natural Gas is currently trading at $2.45/mmbtu. Immediate support lies at $2.35, $2.25 area & resistance at $2.55, $2.67, $2.95.