Market Close: Aug 05 Down
Aug 5th, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight, Be Safe Today
NYMEX Crude $ 54.69 DN $.9700
NYMEX ULSD $1.8356 DN $.0546
NYMEX Gas $1.7180 DN $.0635
NEWS
- Bank of America Merrill Lynch warns the oil price could slip sharply if China buys Iranian oil.
- Beijing could undermine Washington’s foreign policy stance by ignoring U.S. sanctions placed on Iran.
- BofA is keeping its $60 per barrel price estimate in place for 2020.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services Inc.
Office: 479-846-2761
Cell: 479-790-5581