Market Close: Jan 08 UP
Jan 8th, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe
NYMEX Crude $ 49.78 UP $1.2600
NYMEX ULSD $1.8270 UP $0.0486
NYMEX Gas $1.3626 UP $0.0218
NEWS
- Oil prices rise, supported by hopes that talks in Beijing between U.S. and Chinese officials might defuse a trade dispute.
- U.S. commerce secretary says China trade deal is possible, but concerns about Sino-American relationship linger.
- OPEC-led crude supply cuts support oil prices, but U.S. crude output could already be above 12 million barrels per day, says JBC Energy.
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.”