Fuel Flash – July 2017

Oil prices fell approximately 10% during June as the decline that began toward the end of May continued throughout the month.  Prices at the beginning of June were just over $48/barrel and decreased to $43 near the end of the month.  During the last few days of the month, prices managed to stage a comeback and ended the month at $46.  The following graph shows the daily price movements over the past three months:

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