WTI 15Jan

Wednesday's Auction

WTI Daily Auction 15Jan

  • Wednesday's Auction Saw Minor Globex Selling Interest Through Key Support To 57.84s Into The London Auction. Minor Buy Excess Developed As Balance Unfolded, 57.84s-58.36s, Into The NY Open.
  • Rotation Lower Developed Into The EIA Release (-2.54mil v -47ok exp) Before A Sellside Breakdown Attempt Developed To 57.36s. Buy Excess Developed As Sellers Trapped, Driving Price Higher To 58.16s Ahead Of The NY Close....

WTI 08Jan

Wednesday's Auction

WTI Auction 08Jan

  • Wednesday's Auction Saw Aggressive Price Discovery Higher After The Globex Re-Open Upon The News Of The Iranian Strike On Iraqi Targets. Price Discovery Higher Developed To 65.65s Where Selling Interest Emerged, Halting The Buyside Sequence Shy Of The Average Weekly Range High Target, 66.67s. Price Discovery Lower Developed Through London To 61.31s Ahead Of The NY Open.
  • Buyers Trapped Early In NY Before Selling Interest Emerged Through The EIA Release (+1.1mil v -3.5mil) Driving Price Lower To 59.15s Where Sellers Trapped Ahead Of The NY Close....