Oil & Gas Daily 05Oct

Mon's Auction Saw Price Discovery Higher To 38.17s Near Mon's ADR High Target In Asia Trade As Fri's Late Sellers Trapped Near Key Support. Balance Developed There Early In London Trade Before Price Discovery Higher Continued To 38.89s Near Mon's 1SD High Target Into The NY Open As A Gap Higher Formed. 

Buying Interest Emerged Amidst Excess Early In NY Trade, Confirming The Gap Before Price Discovery Higher Continued To 39.72s. Buyers Trapped, Halting The Rally As Balance Developed, 39.72s-39.08s, Into The NY Close....