Market Close: Jan 31 Down
Jan 31st, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight, Upper Midwest please keep tanks topped at all times for your safety – Be Safe Today
NYMEX Crude $ 53.79 DN $.4400
NYMEX ULSD $1.8788 DN $.0196
NYMEX Gas $1.3627 DN $.0196
NEWS
- Oil prices fall, but U.S. crude is still breaks a three-month losing streak and posts its best January performance on record.
- U.S. crude is up more than 18 percent this month, powering through concerns about slowing global growth and weakening fuel demand.
- Venezuela sanctions, a drop on U.S. fuel stockpiles and an anticipated pause in U.S. interest rate hikes are the latest bullish catalysts.