Market Close: March 04 UP
Mar 4th, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe
NYMEX Crude $ 56.59 UP $.7900
NYMEX ULSD $2.0143 UP $.0133
NYMEX Gas $1.7490 UP $.0187
NEWS
- Oil prices rebound after sinking last week, bolstered by OPEC’s supply cuts and hopes for a resolution to the U.S.-China trade dispute.
- The U.S. and China appear close to a deal that would roll back tariffs, easing fears that their stand-off will weigh on global growth and dent fuel demand.
- Drilling activity in the U.S. is slowing, but output is still rising.
Have a Great Day,
Loren R Bailey, President
FMS Management Group LLC
Office: 479-846-2761
Cell: 479-790-5581