Market Close: Feb 09 Down
Feb 9th, 2018 by loren
Fueling Strategy: Please fill as needed tonight, Saturday AM wholesale prices will drop 1 penny but please “partial fill only” Saturday due to Sunday AM look for a 7 cent drop in wholesale prices- Be Safe
NYMEX Crude $ 59.20 DN $1.9500
NYMEX ULSD $1.8551 DN $0.0662
NYMEX Gas $1.7002 DN $0.0648
NEWS
- U.S. crude oil fell below $59 a barrel for the first time in 2018, on pace for the worst weekly drop in two years.
- Rising production and a strong dollar have heaped pressure on oil prices amid a broad financial market sell-off.
- The U.S. rig count rose by 26 rigs in the week through Feb. 9 to a total of 791.