Market Close: April 22 UP

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

NYMEX Crude $ 65.70 UP $1.7000

NYMEX ULSD $2.1040 UP $0.0331

NYMEX Gas $2.1298 UP $0.0576

NEWS

The Trump administration announced it will no longer grant sanctions waivers to any country that is currently importing Iranian oil.
The move threatens to wipe roughly 1 million barrels per day off the market.
The move comes as oil markets are already tightening and the cost of crude and gasoline is on the rise.

Have a Great Day,

Loren R Bailey, President

FMS Management Group LLC

Office: 479-846-2761

Cell: 479-790-5581

Market Close: April 23 UP »

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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.