Market Close: Dec 17 Down
Dec 17th, 2018 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe
NYMEX Crude $ 49.88 DN $1.3200
NYMEX ULSD $1.8267 DN $0.0186
NYMEX Gas $1.4104 DN $0.0239
NEWS
- Oil prices settle below $50 a barrel for the first time since October 2017 on signs of oversupply in the United States.
- Investor sentiment remains under pressure from oversupply and concern over the prospects for global economic growth and fuel demand.
- U.S. crude futures fell after industry data showed inventories at the storage hub at Cushing, Oklahoma rising by more than 1 million barrels.
Have a Great Day,
Loren R Bailey, President
FMS Management Group LLC
Office: 479-846-2761
Cell: 479-790-5581
“We Do It Right The First Time”
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”