Market Close: Feb 01 UP
Feb 1st, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight, Saturday prices will fall 2 cents then back UP 4 cents Sunday – Be Safe Today
NYMEX Crude $ 55.26 UP $1.4700
NYMEX ULSD $1.9127 UP $0.0353
NYMEX Gas $1.4369 UP $0.0593
NEWS
- Oil prices rise with the stock market after the United States reported a surge in employment in its monthly jobs report.
- China’s factory activity shrink by the most in almost three years in January amid slumping orders.
- U.S. sanctions on Venezuela’s PDVSA are keeping tankers stuck at ports as American refineries that rely on Venezuelan feedstocks cut back operations.