WTI Crude: Daily TPO & Price. 15May


As of 730 CST, 
the market has auctioned lower from Tue Settlement, 94.21s, continuing price discovery lower from yesterday’s late session double distribution structure, achieving the Stopping Point at/near 92.90s.

The market is poised to open Gap lower into Pit session, indicating structural imbalance. Response to the Gap will be of focus as Gap rules apply. 

EIA pending….