Market Close: Oct 19 Up
Oct 19th, 2018 by loren
Fueling Strategy: Please fuel as needed today/tonight but plan on Saturday’s 2 cent drop in prices – Be Safe Today
NYMEX Crude $ 69.12 UP $.4700
NYMEX ULSD $2.3020 UP $.0071
NYMEX Gas $1.9139 UP $.0228
NEWS
- U.S. crude has plunged 11 percent from peak to trough over the last two weeks, while Brent is down more than 9 percent.
- Oil prices rose to nearly four-year highs at the start of October as U.S. sanctions shrank Iranian crude exports.
- Rising U.S. crude stockpiles, forecasts for slower-than-expected demand growth and a sell-off in stock markets have weighed 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
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”