RCC Energy Update 08/20/18

RCC Energy update Friday 07/20/2018

MARKET MOVES

NYMEX @ the close.

August WTI Crude up $1 @ $70.46
RBOB up 2.55 cents.
HO up 1.43 cents.

Group 3:

Gasoline up 2.5 cents.
Diesel up 1.75 cents.

Propane:

LP finished up 1/4 cent at the Conway, Kansas hub.

MARKET NEWS

Not as much movement today as we have seen in the markets as of late.

Traders are still trying to figure out the crude supply.

The US oil rig dropped by 5 this week, possibly adding uncertainty to the markets.