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Monthly Archive for April, 2021

Market Close: April 16 Down

Fueling Strategy: Please fuel as needed today/tonight, Saturday prices will go up one penny – Be Safe NYMEX Crude    $ 63.13 DN $.3300 NYMEX ULSD     $1.8957 DN $.0032 NYMEX Gas       $2.0399 DN $.0119 NEWS Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased […]

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Market Close: April 15 Up

Fueling Strategy: Please keep tanks topped today/tonight, Friday prices will jump UP 8 cents – Be Safe  NYMEX Crude    $ 63.46 UP $.3100 NYMEX ULSD     $1.8989 UP $.0089 NYMEX Gas       $2.0518 UP $.0163 NEWS Oil bulls are back, as strong oil demand numbers have put bulls back in the driver’s seat. Not […]

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Market Close: April 14 Up

Fueling Strategy: Please fuel as needed today/tonight, Thursday prices will go up one penny BUT keep tanks topped due to Friday prices will go up 8 cents – Be Safe Tonight NYMEX Crude    $ 63.15 UP $2.9700 NYMEX ULSD     $1.8900 UP $0.0755 NYMEX Gas       $2.0355 UP $0.0598 NEWS Has peak oil demand […]

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Market Close: April 13 Up

Fueling Strategy: Please fuel as needed today/tonight – Be Safe NYMEX Crude    $ 60.18 UP $.4800 NYMEX ULSD     $1.8145 UP $.0065 NYMEX Gas       $1.9757 UP $.0057   NEWS The UAE also increased production by 96,000 bpd quarter over quarter. Iraq represented the fifth-largest increase at 64,000 bpd, while it was supposed to […]

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Market Close: April 12 Mixed

Fueling Strategy: Please fuel as needed today/tonight – Be Safe NYMEX Crude    $ 59.63 DN $.0700 NYMEX ULSD     $1.8080 UP $.0004 NYMEX Gas       $1.9700 UP $.0079 NEWS Oil prices were supported by Powell’s assessment that the U.S. economy is set for strong growth and job creation with vaccination roll outs and fiscal […]

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Market Close: April 09 Mixed

Fueling Strategy: Please fuel as needed tonight, Saturday we see NO change in prices, Sunday look for prices to remain flat – Be Safe NYMEX Crude    $ 59.32 DN $.2800 NYMEX ULSD     $1.8076 DN $.0022 NYMEX Gas       $1.9621 UP $.0028 Have a Great Weekend, Loren R Bailey, President Fuel Manager Services Inc. […]

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Market Close: April 08 Mixed

Fueling Strategy: Please fuel as needed today/tonight but plan on Friday’s 1.5 cent increase in prices – Be Safe Today NYMEX Crude    $ 59.60 DN $.1700 NYMEX ULSD     $1.8115 UP $.0019 NYMEX Gas       $1.9593 UP $.0075 NEWS Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a […]

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Market Close: April 07 Mixed

Fueling Strategy: Please keep tanks topped tonight due to wholesale prices are down 6 cents, Thursday prices will go UP 2 cents – Be Safe NYMEX Crude    $ 59.77 UP $.4400 NYMEX ULSD     $1.8079 UP $.0138 NYMEX Gas       $1.9518 DN $.0145 NEWS The election of President Joe Biden has been the cause […]

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Market Close: April 06 Up

Fueling Strategy: Please partial fill ONLY tonight, Wednesday prices will fall 6 cents – Be Safe NYMEX Crude    $ 59.33 UP $.6800 NYMEX ULSD     $1.7941 UP $.0217 NYMEX Gas       $1.9663 UP $.0052 NEWS The American Petroleum Institute (API) on Tuesday reported a modest draw in crude oil inventories of 2.618 million barrels […]

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Market Close: April 05 Down

Fueling Strategy: Please fuel as needed tonight, Tuesday partial fill ONLY – Be Safe NYMEX Crude    $ 58.65 DN $2.8000 NYMEX ULSD     $1.7724 DN $0.0592 NYMEX Gas       $1.9611 DN $0.0612 NEWS Goldman Sachs is still bullish on oil and anticipates strong demand that would require OPEC+ putting another 2 million barrels per […]

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