Happy Thanksgiving and Safe Travels!

Good afternoon!

I just wanted to take a quick moment and wish everyone safe travels this week and a Happy Thanksgiving! The markets are low in liquidity this week due to many workers taking time off. In addition, the NYMEX is closed on Thursday and only open half the day on Friday. This week the FED reinforced that rate hikes are probably done but will stick around for longer next year. OPEC+ delayed their meeting by four days, so that will happen next week. Also, Israel and Hamas agreed to hostage releases in exchange for a ceasefire.

Gasoline and diesel spot prices fell in Chicago so I expect to see cheaper retail prices this holiday travel season. And propane prices skipped right along with crude oil prices showing no surprises. I will offer more commentary next week once more data is digested into the market after the Thanksgiving break.

As always, if you have any questions, comments, or concerns, please feel free to give us a call.

Best regards,

Jon Crawford

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