WTI Crude Daily 03Sep

Thursday's Auction
As noted in Wed's analysis, the focus into Thu's auction on response to Minor Structural Support, 45s-45.50s, was key as buying interest emerged above there, driving price higher toward the Avg Daily Range High within Key Overhead Supply Cluster, 49.30s-47.10s.  Focus into Fri's auction on response to Balance, 45.70s-46.50s.