Market Close: May 23 Down ~ Major Correction Today
May 23rd, 2019 by loren
Fueling Strategy: Please partial fill only today/tonight, Friday prices will drop 3 cents then another 9 cents Saturday ahead of the Memorial Day Weekend, Be Safe Today
NYMEX Crude $ 57.91 DN $3.5100
NYMEX ULSD $1.9624 DN $0.0867
NYMEX Gas $1.9133 DN $0.0779
NEWS
- Oil prices plunge as the market prepares for a prolonged U.S.-China trade war that could slow global economic growth and weaken fuel demand.
- Economic data from Japan, Germany and the European Union shows weakness in the energy-intensive manufacturing industry.
- Secretary of State Mike Pompeo says the U.S. stands ready to negotiate with Iran when the Islamic Republic is ready.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services Inc
Office: 479-846-2761
Cell: 479-790-5581