Market Close: Feb 14 UP
Feb 14th, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight, Friday prices will go UP 3 cents – Be Safe
NYMEX Crude $ 54.41 UP $.5100
NYMEX ULSD $1.9716 UP $.0328
NYMEX Gas $1.5085 UP $.0434
NEWS
- The oil rally continues, drawing support from OPEC output cuts and optimism that the U.S. and China could resolve their trade dispute.
- The steepest decline in U.S. retail spending since 2009 heightens fears of a global economic slowdown, capping the oil market’s gains.
- China’s crude imports in January were above 10 million barrels per day for third straight month.
Have a Great Day,
Loren R Bailey, President
FMS Management Group LLC
Office: 479-846-2761
Cell: 479-790-5581
“We Do It Right The First Time”
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”