Market Close: June 07 UP
Jun 7th, 2018 by loren
Fueling Strategy: Please fill as needed tonight but plan on Friday’s 1.5 drop in prices, Saturday look for prices to jump UP over 5 cents – Be Safe Tonight
NYMEX Crude $ 65.95 UP $1.2200
NYMEX ULSD $2.1799 UP $0.0533
NYMEX Gas $2.1148 UP $0.0448
NEWS
- Venezuela is nearly a month behind delivering crude to customers from its main oil export terminals.
- Algeria’s oil minister indicated OPEC would focus on balancing the market rather than on rolling back production caps.
- Outside OPEC, crude output continues to rise, especially in the United States, which is fast closing in on Russia’s position as the world’s largest producer.
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