Market Close: Nov 16 Mixed
Nov 16th, 2018 by loren
Fueling Strategy: Please partial fill only tonight, Saturday prices will drop 2 cents – Be Safe
NYMEX Crude $ 56.46 UC $.0000
NYMEX ULSD $2.0737 DN $.0004
NYMEX Gas $1.5770 UP $.0204
NEWS
- Oil prices rise for a second consecutive day, eking out further gains after crude futures lost about a quarter of their value in only six weeks.
- U.S. commercial crude stockpiles rose by 10.3 million barrels in the week to Nov. 9, marking an eighth consecutive increase.
- OPEC, led by Saudi Arabia, is considering a cut of up to 1.4 million barrels per day (bpd) next year to avoid a price-crushing build-up in global inventories.
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.”