RCC Energy Market Update

RCC Energy Update 04/19/2018

 

NYMEX:                                                              

  • May Crude up $1.95 @ $68.47                             
  • May RBOB up 2.7 cents                                        
  • May HO up 3.4 cents

 

Group 3:

  • Gasoline up 3 cents
  • Diesel up 3.4 cents

 

Propane:

LP finished up .75 cents at the Conway, Kansas hub.

 

Market news:

The weekly DOE report came out Wednesday morning at 9:30 

Pretty bullish report. Supply was down on all three products and demand is reaching historical levels.

We could be in for a ride up.