empty
 
 

2016.07.2208:34:00UTC+00Commodities Snapshot (energy)

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

Oil (WTI) –

  • WTI is marginally higher today but likely to go down over the coming week. Active call – WTI is likely to drop towards $35 area. Today’s range $44.2-45
     
  • WTI is currently trading at $44.9/barrel. Immediate support lies at $44.5 area and resistance at 54 area.

Oil (Brent) –

  • Brent is down in line with WTI. Today’s range - $46.5-45.8
     
  • Brent is trading at $1.5 per barrel premium to WTI.
     
  • Brent is trading at $46.4/barrel. Immediate support lies at $44 area and resistance at $54 region.

Natural Gas –   

  • Natural gas is down is flat today. We expect natural gas to go down around $2.2 area. Today’s range $2.65-2.75                        
  • Natural Gas is currently trading at $2.71/mmbtu. Immediate support lies at $2.4, $2.6 area & resistance at 2.95 and $3.1          

WTI

        -2.29%

Brent

-2.54%

Natural Gas

-1.27%

 

           

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback