Market Close: Oct 16 UP
Oct 16th, 2018 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe
NYMEX Crude $ 71.92 UP $.1400
NYMEX ULSD $2.3402 UP $.0145
NYMEX Gas $1.9773 UP $.0330
NEWS
- Iran exports close to 1.5 million bpd of crude in the first two weeks of October, down from from 2.5 million bpd in April.
- Saudi Arabia continues to face political pressure over the disappearance of journalist Jamal Khashoggi.
- Oil production from seven major U.S. shale basins is expected to rise by 98,000 barrels per day (bpd) in November to a record of 7.71 million bpd.
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.”