Market Close: Aug 27 Up
Aug 27th, 2018 by loren
Fueling Strategy: Please fill as needed today/tonight – Drive Safe
NYMEX Crude $ 68.87 UP $.1500
NYMEX ULSD $2.2149 UP $.0127
NYMEX Gas $2.0896 UP $.0117
NEWS
- Oil prices steady amid concerns the U.S.-China trade dispute will erode global economic growth, although looming U.S. sanctions against Iran continue to support the market.
- Members of an OPEC and non-OPEC committee find that participants in an output deal have been steadily increasing production as planned.
- Hedge funds and other money managers cut their bets that oil prices will keep rising in the week to August 21
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
“Perform at your best when your best is required. Your best is required each day.” ~ Coach John Wooden