WTI 17Jan

Friday's Auction

WTI Daily Auction 17Jan

  • Friday's Auction Saw Globex Balance Around Thu's Settlement Before Buying Interest Emerged Into The London Auction. Price Discovery Higher Developed To 58.96s As Buying Interest Emerged Into The NY Open.
  • A Failed Breakout Developed Into The NY Open To 59s Where Sell Excess Halted The Buyside Sequence. Price Discovery Lower Developed To 58.31s Where Buying Interest Emerged, Driving Price Higher Back Within The Range To 58.70s Ahead Of The NY Close....

WTI 16Jan

Thursday's Auction

WTI Daily Auction 16Jan

  • Thursday's Auction Saw Minor Rotation Higher To 58.44s Through Key Resistance Into The London Auction. Minor Sell Excess Developed There, Driving Price Back Lower Through Key Resistance To 57.60s Where Buying Interest Emerged, Halting The Sellside Sequence Into The NY Open.
  • Price Discovery Higher Continued Through The London High To 58.88s Near Thu's ADR High Target Where Selling Interest Emerged, Halting The Buyside Sequence Ahead Of The NY Close....