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Monthly Archive for July, 2020

Market Close: July 20 Up

Fueling Strategy: Please fuel as needed today/tonight ~ Be Safe NYMEX Crude    $ 40.81 UP $.2200 NYMEX ULSD     $1.2355 UP $.0164 NYMEX Gas       $1.2285 UP $.0040 NEWS Oil prices were little changed on Monday as coronavirus cases increased in many countries, though a flurry of announcements about a potential COVID-19 vaccine and […]

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Market Close: July 17 Down

Fueling Strategy: Please partial fill ONLY today/tonight, Saturday prices will fall 2 cents – Be Safe NYMEX Crude    $ 40.59 DN $.1600 NYMEX ULSD     $1.2191 DN $.0088 NYMEX Gas       $1.2245 DN $.0094 NEWS Bullish data from the EIA and promises from OPEC+ to eradicate under-compliance boosted oil markets, but fears of a […]

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Market Close: July 16 Down

Fueling Strategy: Please keep tanks topped today/tonight, Friday prices will jump UP 2.5 cents – Be Safe NYMEX Crude    $ 40.75 DN $.4500 NYMEX ULSD     $1.2279 DN $.0169 NYMEX Gas       $1.2339 DN $.0306 NEWS Oil futures ended lower Thursday, taking a cue from a decline in global equities, after holding their own […]

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Market Close: July 15 Up

Fueling Strategy: Please fuel as needed today/tonight prices are down 2 cents, Be Safe Today NYMEX Crude    $  41.20 UP $.9100 NYMEX ULSD     $1.2448 UP $.0240 NYMEX Gas       $1.2645 UP $.0171 NEWS Oil prices rose more than 2% on Wednesday, supported by a sharp drop in U.S. crude inventories, but further gains […]

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Market Close: July 14 Mixed

Fueling Strategy: Please partial fill ONLY today/tonight, Wednesday prices will go down 2 cents – Be Safe Tonight NYMEX Crude    $ 40.29 UP  $.1900 NYMEX ULSD     $1.2208 DN $.0027 NYMEX Gas       $1.2474 DN $.0260 NEWS Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed […]

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Market Close: July 13 Down

Fueling Strategy: Please fuel as needed today/tonight, Be Safe NYMEX Crude    $ 40.10 DN  $.4500 NYMEX ULSD     $1.2235 DN $.0177 NYMEX Gas       $1.2734 DN $.0097 NEWS Oil prices were modestly lower on Monday as the market waits for direction from an OPEC meeting later this week that is expected to recommend an […]

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Market Close: July 10 Up

Fueling Strategy: Please fuel as needed today/tonight but plan on Saturday’s 1.25 cent drop in prices, Sunday prices will go back UP 2 cents – Be Safe Today NYMEX Crude    $ 40.55 UP  $.9300 NYMEX ULSD     $1.2412 UP $.0173 NYMEX Gas       $1.2831 UP $.0326 NEWS Oil prices fell on Thursday as COVID-19 […]

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Market Close: July 09 Down

Fueling Strategy: Please partial fill ONLY today/tonight, Friday prices will drop one penny – Be Safe Today NYMEX Crude    $ 39.62 DN  $1.2800 NYMEX ULSD     $1.2239 DN $0.0105 NYMEX Gas       $1.2505 DN $0.0404 NEWS Concerns about renewed coronavirus lockdowns in the United States outweighed signs of a recovery in U.S. gasoline demand […]

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Market Close: July 08 Up

Fueling Strategy: Please fuel as needed today/tonight – Be Safe NYMEX Crude    $  40.90 UP $.2800 NYMEX ULSD     $1.2344 UP $.0089 NYMEX Gas       $1.2909 UP $.0159 Have a Great Day, Loren R Bailey, President Fuel Manager Services Inc. Office: 479-846-2761 Cell: 479-790-5581 “Serving the trucking industry since 1992” www.FuelManagerServices.com www.owneroperatoradvisoryservice.com

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Market Close: July 07 Mixed

Fueling Strategy: Please keep tanks topped today/tonight, Wednesday prices will go UP a penny – Be Safe NYMEX Crude    $ 40.62 DN $.0100 NYMEX ULSD     $1.2433 UP $.0016 NYMEX Gas       $1.2750 UP $.0342 NEWS Oil futures ended with a modest loss on Tuesday, with the increase in coronavirus cases in parts of […]

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