Market Close: June 06 Down
Jun 6th, 2018 by loren
Fueling Strategy: Please fill as needed today/tonight but plan on Thursday’s one penny drop – Be Safe
NYMEX Crude $ 64.73 DN $.7900
NYMEX ULSD $2.1266 DN $.0150
NYMEX Gas $2.0700 DN $.0362
NEWS
- U.S. crude inventories were up by 2.1 million barrels in the week to June 1, compared with analysts’ expectations for a decrease of 1.8 million barrels.
- Venezuelan state firm PDVSA is considering declaring force majeure on some exports, amid plummeting output and tanker bottlenecks at ports.
- OPEC and Russia will meet on June 22 to decide whether to increase production following a fall in global inventories as world demand outstrips supply.
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