Market Close: April 11 Down
Apr 11th, 2019 by loren
Fueling Strategy: Please keep tanks topped today/tonight, Friday prices will jump UP 4.5 cents – Be Safe
NYMEX Crude $ 63.58 DN $1.0300
NYMEX ULSD $2.0672 DN $0.0204
NYMEX Gas $2.0309 DN $.0383
NEWS
- * Oil markets are tightening amid the increasing effectiveness of U.S. sanctions on Iran and Venezuela, the International Energy Agency says.
- * U.S. crude inventories surged by 7 million barrels last week, while gasoline stockpiles fell by a whopping 7.7 million barrels, U.S. data shows.
- * OPEC production falls to a four-year low in March as Saudi Arabia slashes output and Venezuelan supplies sink.
Have a Great Day,
Loren R Bailey, President
FMS Management Group LLC
Office: 479-846-2761
Cell: 479-790-5581