Market Close: July 19 Mixed
Jul 19th, 2018 by loren
Fueling Strategy: Please fill as needed tonight, Friday prices will go UP 2 cents – Drive Safe
NYMEX Crude $ 69.46 UP $.7000
NYMEX ULSD $2.0901 DN $.0002
NYMEX Gas $2.0435 DN $.0009
NEWS
- Brent crude fell on Thursday as concerns about mounting supply returned after a brief rally on comments that Saudi Arabia’s exports would fall.
- Saudi Arabia’s OPEC governor said in a statement that the kingdom expects crude exports to drop by roughly 100,000 bpd in August.
- U.S. crude strengthened on forecasts that inventories at the Cushing, Oklahoma oil delivery hub fell 1.8 million barrels in the week through Tuesday.
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