Market Close: Aug 14 Mixed
Aug 14th, 2018 by loren
Fueling Strategy: Please fill as needed today/tonight – Drive Safe
NYMEX Crude $ 67.04 DN $.1600
NYMEX ULSD $2.1287 DN $.0083
NYMEX Gas $2.0341 UP $.0194
NEWS
- Saudi Arabia cuts output in July, raising concerns about OPEC’s ability to meet global demand for crude.
- U.S. sanctions against Iran target oil exports, threatening to leave the world short of supplies.
- Economic slowdown tied to U.S.-China trade dispute could dent fuel demand growth.
Have a great day,
Loren R Bailey, President
Fuel Manager Services, Inc
