Market Close: March 12 Down
Mar 12th, 2018 by loren
Fueling Strategy: Please fill as needed tonight – Be Safe
NYMEX Crude $ 61.36 DN $.6800
NYMEX ULSD $1.8647 DN $.0219
NYMEX Gas $1.8940 DN $.0103
NEWS
- Oil prices fell as expectations that U.S. output will rise this year offset a boost from a lower American rig count and falling unemployment in the United States.
- Hedge funds and money managers cut their bullish wagers on U.S. crude oil for the first time in three weeks.
- “Our view is still that we have more downside oil prices ahead of us in the short term,” SEB said in a note.
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