Market Close: June 08 Mixed
Jun 8th, 2018 by loren
Fueling Strategy: Please keep tanks topped today & tonight, Saturday prices will jump UP 5.5 cents then Sunday look for prices to drop 1.5 to 2.0 cents – Be Safe
NYMEX Crude $ 65.74 DN $.2100
NYMEX ULSD $2.1643 DN $.0156
NYMEX Gas $2.1153 UP $.0005
NEWS
- Oil prices dropped on Friday, pressured by falling demand from China and increased U.S. output.
- JP Morgan cut its 2018 crude forecast for WTI by $3 to $62.20 a barrel, traders said.
- One of the key features of oil markets recently has been the widening discount of U.S. WTI crude versus Brent.
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