WTI Crude: Daily Structure & Price. 26Aug


Mon's Auction
As noted in Mon's analysis, focus into Tue's auction on development of Balance and response around the POC, 93.35, was key as buying interest emerged at/near there driving price higher toward the Avg Daily Range High. Focus into Wed on potential for price discovery higher following the buying interest at the 7 Day POC. 

Tue's Auction