Market Close: March 07 Mixed
Mar 7th, 2019 by loren
Fueling Strategy: Please fuel as needed today/tonight, Friday prices will NOT change – Be Safe
NYMEX Crude $ 56.66 UP $.4400
NYMEX ULSD $2.0127 DN $.0035
NYMEX Gas $1.8054 UP $.0164
NEWS
- Crude futures continue to draw support form OPEC-led supply cuts and further signs Venezuela’s PDVSA is struggling to export oil amid U.S. sanctions.
- Oil prices briefly gave up gains as equities slumped following a sharp downward revision to the European Central Bank’s growth forecast for the continent.
- U.S. crude oil stockpiles surge as American drillers pump at all-time highs near 12 million barrels a day.
Have a Great Day,
Loren R Bailey, President
FMS Management Group LLC
Office: 479-846-2761
Cell: 479-790-5581