Market Close: May 15 UP
May 15th, 2019 by loren
Fueling Strategy: Please keep tanks topped today/tonight, Thursday prices will go UP 2 cents – Be Safe Today
NYMEX Crude $ 62.02 UP $.2400
NYMEX ULSD $2.0863 UP $.0274
NYMEX Gas $2.0127 UP $.0360
NEWS
- U.S. crude stockpiles rose last week by 5.4 million barrels, the Energy Information Administration reports.
- China’s industrial output slowed more than expected in April, reinforcing views that Beijing will have to roll out more stimulus measures as a trade war with the U.S. intensifies.
- Saudi Arabia says armed drones struck two of its oil pumping stations, two days after the sabotage of oil tankers near the United Arab Emirates.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services Inc
Office: 479-846-2761
Cell: 479-790-5581