WTI Crude: Daily TPO & Price. 04Mar





Overnight:

As of 730 CST, 
the market auctioned down 
toward Fri’s Stopping Point, 90.10s, 
encountering no sellside response, 
subsequently rallying off the low, 
overnight inventory neutral.

The market has retested Fri’s Stopping Point
during Globex session. Near term, unless sellside drives the market below this level, potential for Fri/Mon Globex sellside inventory short in the hole.