Market Close: May 11 Down
May 11th, 2018 by loren
Fueling Strategy: Please fill as needed tonight, Saturday prices should fall about 1/2 cent with Sunday’s no change – Be Safe Today
NYMEX Crude $ 70.70 DN $.6600
NYMEX ULSD $2.2220 DN $.0008
NYMEX Gas $2.1888 DN $.0002
NEWS
- Oil prices have rallied this week since President Donald Trump announced his administration is reintroducing sanctions on Iran.
- Many analysts expect oil prices to rise as Iran’s exports fall.
- Other producers could increase output to meet shortfall, while U.S. production is also soaring.
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
“Perform at your best when your best is required. Your best is required each day.” ~ Coach John Wooden