Fueling Strategy: Please fuel as needed today/tonight, Wednesday prices will drop 1.50 cents – Be Safe Today
NYMEX Crude $ 53.10 UP $.6900
NYMEX ULSD $1.9072 UP $.0150
NYMEX Gas $1.4272 UP $.0080
NEWS
- Saudi Arabia says it will reduce oil production to nearly 9.8 million barrels per day in March, well below its production quota under a deal to cap output.
- OPEC says it cut oil production by almost 800,000 bpd in January to 30.81 million bpd.
- A new round of talks between U.S. and Chinese officials fuels hope that the two sides will soon resolve their ongoing trade dispute.