Market Close: Aug 02 UP
Aug 2nd, 2018 by loren
Fueling Strategy: Fill as needed tonight due to prices are down 4 cents BUT please plan on Friday’s drop of another 4 cents – Drive Safe Today
NYMEX Crude $ 68.96 UP $1.3000
NYMEX ULSD $2.1318 UP $0.0344
NYMEX Gas $2.0681 UP $0.0230
NEWS
- Oil prices rebounded after U.S. crude dipped below $67 a barrel to a six-week low.
- Crude inventories at Cushing dropped 1.1 million barrels since Friday, July 27, traders said, citing a report issued by energy information provider Genscape.
- Saudi Arabia, Russia, Kuwait and the United Arab Emirates are increasing production to help compensate for an anticipated shortfall in Iranian crude supplies.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services, Inc.
“We Offer More Services to Fuel Your Business”
Office: 479-846-2761
Cell: 479-790-5581
“Perform at your best when your best is required. Your best is required each day.” ~ Coach John Wooden