Market Close: Feb 05 Down
Feb 5th, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight, Wednesday prices will fall 1/2 cents – Be Safe Today
NYMEX Crude $ 53.66 DN $.9000
NYMEX ULSD $1.8975 DN $.0099
NYMEX Gas $1.4259 DN $.0064
NEWS
- Oil prices fall as poor factory data may point to weaker economy.
- The oil industry is confident supply cuts from the so-called OPEC+ alliance will balance the market.
- Analysts say U.S. sanctions on Venezuela have focused market attention on tighter global supplies.