Week in Review
The crude market was up for the week. It started the week on an upward trajectory on trade news details. By mid-week easing trade tensions and macroeconomic news continued to drive markets higher. EIA inventory numbers were also bullish when compared to the API numbers and those numbers and positive trade sentiment helped to lift markets to close out the week.
Prices in Review
WTI Crude opened the week at $59.87. It had a positive trajectory through out the week. On Friday crude opened at $61.11, a gain of $1.24 (2.1%).
Diesel opened the week at $1.9813. It generally followed crude through the week. Diesel opened Friday at $2.0307, a gain of 4.9 cents (2.5%).
Gasoline opened the week at $1.6586. It was relatively flat to start the week but picked up by mid-week. Gasoline opened Friday at $1.7061, a gain of 4.8 cents (2.9%).
This article is part of Crude
Tagged: crude, Daily Market News & Insights, diesel, gas
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