Market Close: April 22 UP
Apr 22nd, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe
NYMEX Crude $ 65.70 UP $1.7000
NYMEX ULSD $2.1040 UP $0.0331
NYMEX Gas $2.1298 UP $0.0576
NEWS
- The Trump administration announced it will no longer grant sanctions waivers to any country that is currently importing Iranian oil.
- The move threatens to wipe roughly 1 million barrels per day off the market.
- The move comes as oil markets are already tightening and the cost of crude and gasoline is on the rise.
Have a Great Day,
Loren R Bailey, President
FMS Management Group LLC
Office: 479-846-2761
Cell: 479-790-5581