Market Close: July 05 Mixed, Crude DN, Products UP
Jul 5th, 2018 by loren
Fueling Strategy: Please fill as needed today/tonight – Be Safe
NYMEX Crude $ 72.94 DN $1.2000
NYMEX ULSD $2.1787 UP $0.0145
NYMEX Gas $2.1293 UP $0.0117
NEWS
- U.S. crude inventories rose by 1.2 million barrels in the week to June 29, compared with analysts’ expectations for a decrease of 3.5 million barrels.
- President Donald Trump sent another tweet urging OPEC to take action to reduce oil prices.
- OPEC supply cuts since 2017 have tightened markets, but oil has also risen on U.S. sanctions threat against Iran.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services, Inc.
“We Offer More Services to Fuel Your Business”
Office: 479-846-2761
Cell: 479-790-5581
“Perform at your best when your best is required. Your best is required each day.” ~ Coach John Wooden