WTI Crude Daily 31Aug

Monday's Auction
via The Daily
As noted in Fri's analysis, the focus into Mon's auction on response to the Stopping Point High, 45.90s, was key as buying interest emerged, driving price aggressively higher, achieving the Stopping Point High, 49.30s, beyond the Daily 2nd Std Dev Low at/near the Average Weekly Range High. Focus into Tue's auction on response to Mon's Stopping Point High, 49.33s.