Market Close: Oct 08 Mixed
Oct 8th, 2018 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe Today
NYMEX Crude $ 74.29 DN $.0500
NYMEX ULSD $2.3942 UP $.0019
NYMEX Gas $2.0937 DN $0.0076
NEWS
- Oil prices fell on Monday but pared losses along with the U.S. stock market as investors bet on China’s economic stimulus steps.
- The Chinese central bank’s move to slash lenders’ reserve requirements may spur economic growth and demand for crude, analysts said.
- Reports that some Iranian oil exports will keep flowing after the U.S. re-imposes sanctions on the country put pressure on crude futures.
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