Market Close: June 22 UP
Jun 22nd, 2018 by loren
Fueling Strategy: Prices are down 1.5 cents today, Saturday look for a 4 cents drop so PLEASE have all tanks topped out due to Sunday prices will jump UP 5.5 cents – Be Safe Today
NYMEX Crude $ 68.58 UP $3.0400
NYMEX ULSD $2.1254 UP $0.0553
NYMEX Gas $2.0705 UP $0.0582
NEWS
- Oil prices surged as OPEC agreed a modest increase in output to compensate for losses in production at a time of rising global demand.
- However, OPEC gave opaque targets for the increase, making it difficult to understand how much more it will pump.
- Iraq said the real increase would be around 770,000 bpd because several countries would struggle to reach full quotas.
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