Market Close: Oct 22 Mixed
Oct 22nd, 2018 by loren
Fueling Strategy: Please fuel as needed today/tonight – Be Safe Tonight
NYMEX Crude $ 69.15 UP $.0500
NYMEX ULSD $2.3181 UP $.0161
NYMEX Gas $1.9067 DN $.0072
NEWS
- Saudi Arabia says it can raise output to 11 million barrels per day to offset the loss of Iranian exports.
- The Trump administration’s sanctions against Iran oil exports are due to start on November 4.
- U.S.-China trade war is denting the 2019 crude demand outlook.
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.”