Market Close: Feb 28 Down
Feb 28th, 2018 by loren
Fueling Strategy: Please partial fill ONLY tonight, Thursday AM wholesale prices will drop 2 cents – Be Safe
NYMEX Crude $ 61.64 DN $1.3700
NYMEX ULSD $1.9136 DN $0.0494
NYMEX Gas $1.7577 DN $0.0457
NEWS
- Weak Asian industrial data, rising U.S. crude stockpiles and soaring American oil production are weighing on the oil market.
- U.S. stockpiles of crude oil and gasoline rose last week, according to a government report.
- Chinese factory growth slowed to the lowest level since July 2016, while Japan’s industrial output took the biggest dive since 2011.
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