Market Close: June 27 Up
Jun 27th, 2018 by loren
Fueling Strategy: Please keep tanks topped today/tonight, Thursday prices will jump UP 3 cents then another 5 cents Friday!!! – Be Safe
NYMEX Crude $ 72.76 UP $2.2300
NYMEX ULSD $2.1772 UP $0.0482
NYMEX Gas $2.1336 UP $0.0590
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