Oil & Gas Daily 30Jul

Thursday's Crude Auction

WTI Daily Auction 30Jul


  • Thu's Auction Saw Narrow Balance Around Wed Settlement During Asia Trade. Buyers Trapped Early In London Trade As A Sellside Breakdown Developed Driving Price Lower To 40.34s Near Thu's ADR Low Target. Selling Interest Emerged There As A Gap Lower Developed Into The NY Open. 
  • Buyers Trapped Early In NY Trade, Confirming The Gap, Before Aggressive Price Discovery Lower Developed To 38.72s. Sellers Trapped There Amidst Buy Excess, Halting The Selloff As A Retracement Rally Developed To 40.31s Into The NY Close....

WTI 15Jun

Monday's Auction

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WTI Daily Auction 15Jun

  • Monday's Auction Saw Sell Excess Early In Asia Trade, Driving Price Lower To 34.36s Near Monday's 1SD Low Target Into The London Auction. Sellers Trapped There, Halting The Selloff As Rotation Higher Developed To 35.88s. Sell Excess Formed There, Driving Price Lower To 34.57s As A Gap Lower Formed Into The NY Open. 
  • Sellers Trapped Amidst Buy Excess Early In NY Trade Before A Rally Ensued To 36.86s. A Buy Spike Formed, 36.70s-37.26s Into Into The NY Close....