Market Close: June 26 UP
Jun 26th, 2018 by loren
Fueling Strategy: Please partial fill ONLY today/tonight, Wednesday prices will drop 2.5 cents then Thursday they’ll jump back up 3 cents- Be Safe Tonight
NYMEX Crude $ 70.53 UP $2.4500
NYMEX ULSD $2.1290 UP $0.0286
NYMEX Gas $2.0746 UP $0.0231
NEWS
- Oil prices spiked after the State Department signaled the Trump administration will take a hardline approach to cutting off Iran’s oil exports.
- A State Department official told reporters the administration expects oil buyers to completely cut off purchases of Iranian supplies in early November.
- Oil prices were already facing upward pressure due to declining production in Venezuela and elsewhere at a time of high global demand.
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