Market Close: Nov 13 Down
Nov 13th, 2018 by loren
Fueling Strategy: Please partial fill ONLY tonight, Wednesday prices will drop 2 cents then Thursday look for a major correction DOWN of 9 cents – Be Safe
NYMEX Crude $ 55.69 DN $4.2400
NYMEX ULSD $2.0625 DN $0.0931
NYMEX Gas $1.5427 DN $0.0940
NEWS
- U.S. crude oil dips below $56 to its lowest level in a year, extending a record losing streak.
- President Trump urged OPEC and Saudi Arabia on Monday to reject another round of production cuts after oil prices collapsed over the last six weeks.
- OPEC, Russia and several other producers have been raising output but may reverse course and agree to throttle back output at a meeting next month.
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
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”