Market Close: Jan 18 UP
Jan 18th, 2019 by loren
Fueling Strategy: Please fill as needed today/tonight, Saturday we’ll see a small drop of 1 cent then Sunday look for prices to jump UP 3.25 cents – Be Safe
NYMEX Crude $ 53.80 UP $1.7300
NYMEX ULSD $1.9160 UP $0.0317
NYMEX Gas $1.4300 UP $0.0141
NEWS
- Oil prices hit a roughly two-month high on news that Beijing has put forward a plan to eliminate its trade surplus with the United States.
- The ongoing trade dispute between the world’s two biggest economies has raised concerns about slower global growth and weaker demand for fuel.
- Oil prices also draw support from a report issued on Thursday showing OPEC’s oil output fell sharply in December.
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.”