Oil & Gas Daily 30Jun

Tuesday's Crude Auction

WTI Daily Auction 30Jun


  • Tuesday's Auction Saw Price Discovery Lower To 39.26s In Asia Trade. The Pullback Continued In London Trade To 38.90s As Selling Interest Emerged Into The NY Open. 
  • Buying Interest Emerged As Sellers Trapped Early In NY Trade. Price Discovery Higher Developed, Ultimately Testing Key Resistance To 40.08s. Buyers Trapped There Amidst Sell Excess, Halting The Rally Before Rotation Lower Developed To 38.98s Into The NY Close....