Oil & Gas Daily 16Oct

Fri's Auction Saw Price Discovery Lower From Thu's Settlement In Asia Trade To 40.40s Into The London Open. Minor Price Discovery Lower Resumed To 40.29s Where Buy Excess Emerged Into The NY Open. 

A Minor Probe Lower Developed To 40.08s Near The $40 Option Wall Early In NY Trade Where Buy Excess Formed, Halting The Pullback. Price Discovery Higher Then Ensued To 40.96s At/Near Thu's Settlement Into The NY Close....