Market Close: Feb 26 UP
Feb 26th, 2019 by loren
Fueling Strategy: Please partial fill ONLY tonight, Wednesday wholesale prices will fall 6 cents – Be Safe Today
NYMEX Crude $ 55.50 UP $.0200
NYMEX ULSD $1.9985 UP $.0239
NYMEX Gas $1.5863 UP $.0411
NEWS
- Oil prices recover after steep drop on President Donald Trump’s renewed pressure campaign on OPEC.
- An OPEC source told Reuters OPEC would stick to its agreement to tighten crude supplies regardless of Trump’s recent tweet.
- The production cuts and U.S. sanctions on Iran and Venezuela are supporting prices.