Market Close: Oct 04 UP
Oct 4th, 2018 by loren
Fueling Strategy: Please keep tanks topped today and certainly tonight before 23:00 CST have tanks completely full of fuel, Friday prices will jump UP 3 cents so partial tomorrow. The good news is Saturday will see a correction downward of almost 4 cents – Be Safe Tonight
NYMEX Crude $ 74.33 DN $2.0800
NYMEX ULSD $2.3997 DN $0.0375
NYMEX Gas $2.1004 DN $0.0374
NEWS
- Oil prices tumble after rallying to new nearly four-year highs in the previous session.
- Crude futures initially shrugged off a big increase in U.S. crude stockpiles and an announced production hike by top exporter Saudi Arabia.
- President Donald Trump’s deadline for oil buyers to cut off purchases of Iranian crude is just one month away and unsettling the market.
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