Market Close: Feb 13 Mixed
Feb 13th, 2018 by loren
Fueling Strategy: Please fill as needed tonight, Wednesday AM plan for a 2 cent drop in prices – Be Safe today
NYMEX Crude $ 59.19 DN $.1000
NYMEX ULSD $1.8369 DN $.0020
NYMEX Gas $1.6853 UP $.0068
NEWS
- Oil prices rebounded after Brent crude hit a two-month low, as investors attempted to capitalize on recent declines.
- Futures were under pressure on Tuesday after the International Energy Agency forecast world crude supply could overtake demand this year.
- The IEA raised its forecast for oil demand growth in 2018, but warned rapidly rising output, particularly in the United States, could outweigh any pick-up in consumption.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services, Inc.
“We Offer More Services to Fuel Your Business”
Office: 479-846-2761
Cell: 479-790-5581