Market Close: Feb 25 Down
Feb 25th, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe Today
NYMEX Crude $ 55.48 DN $1.7800
NYMEX ULSD $1.9746 DN $0.0565
NYMEX Gas $1.5452 DN $0.0660
NEWS
* Oil prices tumble 3 percent after President Trump tweeted at OPEC, telling the group prices are too high.
* Trump has not tweeted about OPEC since early December, right before the producer group and allies defied his calls to keep pumping at high volumes.
* The so-called OPEC+ alliance launched a fresh round of price-boosting output cuts in January.
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.”