Market Close: Dec 03 Up
Dec 3rd, 2020 by loren
Fueling Strategy: Please keep tanks topped today/tonight, Friday prices will go UP 2 cents – Be Safe
NYMEX Crude $ 45.64 UP $.3600
NYMEX ULSD $1.3933 UP $.0271
NYMEX Gas $1.2617 UP $.0218
NEWS
- OPEC and its oil-producing allies agreed to increase production by 500,000 barrels per day beginning in January.
- The decision came after days of discussions, and after a meeting set for Tuesday was pushed to Thursday.
- Ahead of the meeting, the oil-producing cartel was widely expected to extend production cuts of 7.7 million barrels per day through at least March.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services Inc.
“Serving the trucking industry since 1992”
Office: 479-846-2761
Cell: 479-790-5581
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”