RCC Energy Update 05/016/2018
NYMEX: @ the close.
- June WTI Crude up $0.18 @ $71.49
- June RBOB up 4.51 cents.
- June HO up 2 cents.
- Gasoline up 4.25 cents today.
- Diesel up 1.75 cents today.
- LP finished up almost 3 cents at the Conway, Kansas hub today.
The DOE report came out today and had the bulls out and running. Crude inventories had a 1.4M barrel draw. Diesel inventories were neutral. Gasoline had 3.8m barrel draw and led the bulls.