Market Close: Feb 16 Up
Feb 16th, 2018 by loren
Fueling Strategy: Please fill as needed tonight – Be Safe
NYMEX Crude $ 61.68 UP $.3400
NYMEX ULSD $1.9104 UP $.0188
NYMEX Gas $1.7509 UP $.0151
NEWS
- U.S. crude stabilized on Friday as the dollar slipped to a three-year low and equities were on pace for their biggest weekly gain in six years.
- Supportive comments from OPEC members about the cartel’s output cuts also boosted sentiment.
- However, surging U.S. production is offsetting those efforts. U.S. crude output hit a record 10.27 million bpd last week.
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