Market Close: May 03 Mixed
May 3rd, 2019 by loren
Fueling Strategy: Please partial fill only today/tonight, Saturday prices will fall 1.75 cents – Be Safe Today
NYMEX Crude $ 61.94 UP $.1300
NYMEX ULSD $2.0702 DN $.0076
NYMEX Gas $2.0265 UP $.0082
NEWS
- A strong U.S. jobs report boosts demand sentiment as production losses in sanctions-hit Iran and Venezuela tighten the oil market.
- Oil prices gains are limited by a spike in U.S. crude inventories reported earlier this week.
- Production from Saudi Arabia could edge higher in June to meet domestic demand for power generation.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services Inc
Office: 479-846-2761
Cell: 479-790-5581