WTI 10Feb

Monday's Auction

WTI Daily Auction 10Feb

  • Monday's Auction Saw Friday's Late Sellers Hold The Auction As A Gap Lower And Price Discovery Developed To 49.56s During The Asia Auction. Buying Interest Emerged There Amidst Buy Excess, Halting The Sellside Sequence. Price Discovery Higher Developed To 50.49s Where Sell Excess Formed Near Key Supply. Balance Developed, 50.37s-49.88s, Through The London Auction Into The NY Open.
  • Selling Interest Emerged Early In The NY Trade, Driving Price Lower Again Through Key Support, 50.08s, Before Price Discovery Lower Developed To 49.42s Ahead The NY Close....