WTI Crude Daily 19May



Monday's Auction

As noted in Mon's analysis, the focus into Tue's auction on response to the Buying Tail (Jul Contract 59.80s-60.20s) was key as selling interest emerged there, driving price lower toward the Daily 2nd Std Dev Low. Focus into Wed's auction on response to 58.30s-58s, the unsecured low. 






Tuesday's Micro-Blog Excerpt


Tuesday's Auction