Market Close: Aug 09 Down
Aug 9th, 2018 by loren
Fueling Strategy: Please partial fill ONLY today/tonight, Friday prices will fall 5.5 cents – Drive Safe
NYMEX Crude $ 66.81 DN $.1300
NYMEX ULSD $2.1119 DN $.0038
NYMEX Gas $1.9999 DN $.0196
NEWS
- The oil market recoups some of Wednesday’s sharp losses, as risks associated with renewed U.S. sanctions on Iran put a floor under prices.
- China will impose tariffs of 25 percent on a further $16 billion in U.S. imports, which will affect trade in fuel.
- Investors fear any slowdown in the world’s two largest economies would slash demand for commodities like crude oil.
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