Market Close: Feb 28 Mixed
Feb 28th, 2019 by loren
Fueling Strategy: Please keep tanks topped today/tonight, Friday prices will go UP another 2.50 cents – Be Safe
NYMEX Crude $ 57.22 UP $.2800
NYMEX ULSD $2.0235 UP $.0019
NYMEX Gas $1.6293 DN $.0047
NEWS
- U.S. crude steadies after rallying in the previous session, while Brent crude dips.
- Traders say crude futures face headwinds as U.S.-China trade tensions persist and the Chinese economy showed signs of slowing.
- The oil market has been bolstered by Saudi Arabia brushing off pressure from President Donald Trump to ease output cuts and a plunge in U.S. crude stockpiles.
Have a Great Day,
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.”