RCC Energy Update 06/11/18

RCC energy update Monday 06/11/2018

MARKET MOVES

NYMEX @ the close.

  • July WTI Crude up $0.33 @ $66.10
  • RBOB down 1 cent.
  • HO down .35 cents.

Group 3:

  • Gasoline down 1.75 cents today.
  • Diesel down .75 cents today.

Propane:

  • LP finished down 1.25 cents at the Conway, Kansas hub today.

MARKET NEWS

Reports that Saudi Arabia and Russia are increasing crude exports are counter balancing the complete collapse of Venezuela and US sanctions against Iran possibly threatening their exports.