Market Close: May 31 Down
May 31st, 2018 by loren
Fueling Strategy: “Very Important” – Please keep tanks topped out tonight, Friday prices will jump UP 5 cents – Be Safe Today
NYMEX Crude $ 67.04 DN $1.1700
NYMEX ULSD $2.1914 DN $0.0403
NYMEX Gas $2.1603 DN $0.0239
NEWS
- U.S. crude’s discount to global Brent crude ballooned to its highest level in more than three years.
- U.S. commercial crude inventories fell by 4.2 million barrels in the week to May 25, compared with analysts’ expectations for a decrease of 525,000 barrels.
- U.S. crude oil production jumped 215,000 barrels per day to 10.47 million bpd in March, the highest on record.
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