Market Close: Dec 19 UP
Dec 19th, 2018 by loren
Fueling Strategy: Please partial fill only tonight due to Thursday prices will fall 8 cents – Thursday keep tanks FULL due to Friday prices will jump UP 5 cents ~ Go Home Full of Fuel – Be Safe Tonight ~ 6 Days to Christmas
NYMEX Crude $ 47.20 UP $.9600
NYMEX ULSD $1.8054 UP $.0515
NYMEX Gas $1.3863 UP $.0358
NEWS
- Oil prices bounce after one of the biggest falls in years in the previous session.
- Crude futures remain under pressure from oversupply and concern that a slowing global economy would depress demand for fuel.
- Crude inventories fall by 497,000 barrels in the week to Dec. 14, the U.S. Energy Information Administration reports.
Have a Very Merry Christmas,
Loren R Bailey, President
FMS Management Group LLC
Office: 479-846-2761
Cell: 479-790-5581
“We Do It Right The First Time”
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”