Market Close: April 06 Mixed

Fueling Strategy: Please fuel as needed today/tonight – Please Be Safe

NYMEX Crude $ 26.08 DN $2.2600

NYMEX ULSD $1.0457 DN $0.0249

NYMEX Gas $0.7016 UP $0.0100

NEWS

Crude oil prices could plunge below $20 a barrel in the second quarter, according to nearly a third of respondents in a CNBC survey of 30 analysts, strategists and traders.
Some analysts believe crude oil prices could fall to as low as $10 a barrel as the coronavirus outbreak has severely dented demand.
Analysts are also skeptical that Saudi Arabia and Russia will agree to major cuts in supply.

Please Be Safe,

Loren R Bailey, President

Fuel Manager Services Inc.

Office: 479-846-2761

Cell: 479-790-5581

Loves' COVID=-19 Update: April 06-07 »

« Pilot Fly J Covid-19 Update: April 06

Categories: Fuel News

loren: Fuel Manager Services Inc. "Serving the trucking industry since 1992" I've been in and around the trucking industry for 45-years beginning in owner operator operations at Willis Shaw Express. I bought a small trucking company that I ran for 6-years then sold and went to work for J.B. Hunt Transport in 1982. After 10-years with Hunt, I started Fuel Manager Services, Inc., we are in our 29th year of serving the American trucking companies. Our simple goal was and is to bridge the gap between the trucking companies and the fuel suppliers.