Oil & Gas Daily 27Jul

Monday's Crude Auction

WTI Daily Auction 27Jul


  • Mon's Auction Saw Balance Through Asia Trade Around Fri Settlement. Key Support Held Through Globex As London Buying Interest Drove Price Higher To 41.73s Into The NY Open. 
  • Buyers Trapped Amidst Sell Excess, Halting The Rally. An Aggressive Selloff Ensued To 40.48s As The Market Tested Key Support. Buying Interest Emerged There Before Sellers Trapped, Driving Price Higher To 41.82s Into The NY Close....