Market Close: Aug 03 Down Slightly
Aug 3rd, 2018 by loren
Fueling Strategy: Keep tanks topped tonight, Saturday prices will go UP 3.5 cents then Sunday look for prices to go down slightly – Drive Safe
NYMEX Crude $ 68.49 DN $.4700
NYMEX ULSD $2.1269 DN $.0049
NYMEX Gas $2.0655 DN $.0026
NEWS
- Oil futures steadied on Friday as the market focused on bearish longer term factors after gains in the previous session.
- Concerns about demand from China also increased Friday as state oil major Sinopec cut its purchases of U.S. crude.
- Analysts said the outlook beyond the short-term was turning bearish as Russian and Saudi output increases.
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