WTI Crude Daily 16Oct

Friday's Auction
via The Daily   
As noted in Thu's analysis, the focus into Fri's auction on response to 47s-47.20s, was key as selling interest emerged there during the Globex auction driving price lower toward 46.20s into the NY auction where buying interest emerged, driving price higher into the close. Focus into Mon's auction on response to 47.20s-47.50s.