Market Close: Dec 20 Down
Dec 20th, 2018 by loren
Fueling Strategy: Please have tanks topped tonight before 23:00 CST, Friday prices will go UP 5 cents then back down 5 cents Saturday – Be Safe Today, 5 Days Until Christmas
NYMEX Crude $ 45.88 DN $2.2900
NYMEX ULSD $1.7497 DN $0.0557
NYMEX Gas $1.3224 DN $0.0639
NEWS
- Oil prices plunge to their lowest levels in over a year on Thursday, deepening a sell-off fueled by concerns about oversupply.
- The oil market falls along with equities after the U.S. Federal Reserve raises its benchmark interest rates.
- Bearish reports out of Asia overnight add to worries on both the supply and demand sides of the oil market ledger.