WTI 14Dec

Monday's Auction
via The Daily
As noted in Fri's analysis, the focus into Mon's auction on response to the Breakdown Point/Prior Support, 36.60s, was key only after price discovery lower developed toward 34.50s, where buying interest emerged driving price higher toward 36.70s toward the NY close. Focus into Tue's auction on response to Key Supply Cluster, 36s-36.70s.