Market Close: May 03 Mixed
May 3rd, 2018 by loren
Fueling Strategy: Please keep tanks topped tonight (prices are down 5 cents), Friday prices will go UP 2.5 cents – Be Safe Today
NYMEX Crude $ 68.43 UP $.5000
NYMEX ULSD $2.1127 DN $.0088
NYMEX Gas $2.0875 UP $.0077
NEWS
- Oil prices reversed early losses on Thursday, tracking a rebound in the U.S. equity market.
- U.S. oil production also rose to a record of 10.62 million barrels per day (bpd), a jump of more than a quarter since mid-2016.
- Looming over markets is the May 12 deadline by when President Donald Trump is due to decide whether or not to continue waiving U.S. sanctions against Iran.
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
“Promise to think only the best, to work only for the best and to expect only the best from yourself and others.” ~ Coach John Wooden