Market Close: Jan 07 Mixed
Jan 7th, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe
NYMEX Crude $ 48.52 UP $.5600
NYMEX ULSD $1.7784 UP $.0092
NYMEX Gas $1.3408 DN $.0070
NEWS
- Oil prices rise, extending a rally from 18-month lows with support from OPEC production cuts and steadying equity markets.
- Saudi Arabia reportedly plans to aggressively cut oil exports in order to boost prices and support its budget.
- Oil and the stock market draw support from expectations that this week’s U.S.-China talks will ease a trade dispute.
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.”