Market Close: July 09 UP
Jul 9th, 2018 by loren
Fueling Strategy: Please fill as needed today/tonight – Be Safe
NYMEX Crude $ 73.85 UP $.0500
NYMEX ULSD $2.1957 UP $.0273
NYMEX Gas $2.1485 UP $.0400
NEWS
- Oil prices were pushed higher on Monday by increased global demand and U.S. efforts to shut out Iranian output using sanctions.
- Saudi Arabia and other nations have little spare capacity, while exports from several OPEC producers, including Venezuela and Libya, have been falling.
- In Canada, majority stakeholder Suncor said that some Syncrude production would come back online in July, sooner than expected.
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