Oil & Gas Daily 10Jun

Following Wed's Probe Of Resistance And Subsequent Pullback, Thu's Auction Saw Key Support, 69.47s Hold In Globex Trade, Driving Price Higher To 70.41s Into The NY Open. A Breakout Attempt Developed Early In NY Trade To 70.65s Where Buyers Trapped Amidst Sell Excess. An Aggressive Selloff Then Ensued Through The Iran Sanctions Chatter To 68.68s Near Thu's ADR Low Target. Sellers Trapped There Amidst A Large Buy Excess As A Relief Rally Developed To 70.30s Into The NY Close....