Market Close: Jan 03 UP
Jan 3rd, 2019 by loren
Fueling Strategy: Please keep tanks topped tonight due to prices will go up 2.5 cents Friday – Be Safe Today
NYMEX Crude $ 47.09 UP $.5500
NYMEX ULSD $1.7420 UP $.0414
NYMEX Gas $1.3495 UP $.0239
NEWS
- Oil prices rebound after an early slide, helped by dollar weakness and signs of output cuts by Saudi Arabia.
- Thursday’s swing in the oil price mirrors volatility in other markets after tech giant Apple cut its sales forecast, citing a slowdown in China.
- The news adds to concerns about a slowing global economy, which weighs on prospects for oil demand.
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.”