WTI Crude: Daily TPO & Price. 31May




Overnight

As of 730 CST, 
the market balanced around Thu Settlement, 93.61, into the London session where sell programs entered the market, driving price lower,achieving the Stopping Point, 92.70s, and Balance, 92.70s-93.30s.

The market is filling in the low usage area, 93.10s-92.60s, created by yesterday’s dbl distribution structure.

Response within the Balance and low usage area will be of focus into the Pit session.