Market Close: July 16 Down
Jul 16th, 2018 by loren
Fueling Strategy: Please fill as needed today/tonight, Tuesday please partial fill ONLY due to Wednesday prices will fall 8 cents – Drive Safe
NYMEX Crude $ 68.06 DN $2.9500
NYMEX ULSD $2.0543 DN $0.0791
NYMEX Gas $2.0022 DN $0.1045
NEWS
- U.S. Treasury Secretary Steve Mnuchin said some oil buyers could get waivers to continue buying Iranian supplies despite American sanctions on the Middle Eastern country.
- Concerns about the aggressive U.S. policy to remove Iranian barrels from the market have raised oil prices in recent weeks.
- Oil prices slipped earlier on Monday as concerns about supply disruptions eased and Libyan ports reopened.
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
“Perform at your best when your best is required. Your best is required each day.” ~ Coach John Wooden