WTI 16Jan

Thursday's Auction

WTI Daily Auction 16Jan

  • Thursday's Auction Saw Minor Rotation Higher To 58.44s Through Key Resistance Into The London Auction. Minor Sell Excess Developed There, Driving Price Back Lower Through Key Resistance To 57.60s Where Buying Interest Emerged, Halting The Sellside Sequence Into The NY Open.
  • Price Discovery Higher Continued Through The London High To 58.88s Near Thu's ADR High Target Where Selling Interest Emerged, Halting The Buyside Sequence Ahead Of The NY Close....