Market Close: July 21 Up
Jul 21st, 2020 by loren
Fueling Strategy: Please keep tanks topped today/tonight, Wednesday prices will jump UP 2 cents – Be Safe
NYMEX Crude $ 41.96 UP $1.1500
NYMEX ULSD $1.2800 UP $0.0445
NYMEX Gas $1.2797 UP $0.0512
NEWS
Oil prices hit a four-month high on Tuesday as the promise of major stimulus packages in the EU and the U.S. counter-balanced an increase in COVID cases.
Oil prices rose sharply on Tuesday. Despite bad coronavirus news in the U.S., which could weaken demand, there are high hopes for economic stimulus. The European Union agreed to a historic stimulus, and the U.S. Congress appears intent on passing yet another trillion-dollar economic package. Crude prices hit four-month highs on Tuesday.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services Inc.
Office: 479-846-2761
Cell: 479-790-5581
“Serving the trucking industry since 1992”
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”