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Market Close: Aug 07 Down

Fueling Strategy: Please partial fill ONLY today/tonight, Saturday prices will drop 1.5 cents then another 3 cents Sunday- Be Safe
NYMEX Crude    $ 41.22 DN $.7300
NYMEX ULSD     $1.2199 DN $.0300
NYMEX Gas       $1.2076 DN $.0205
NEWS
Oil spiked on a larger than expected inventory draw this week, but fears of a second wave of COVID have caused crude prices to retreat
Oil prices rallied to multi-month highs mid-week on stronger EIA data. But the market narrative remains the same – tightening fundamentals set against a weak macro backdrop has kept oil prices stuck in a narrow trading range. On Friday, prices fell back, erasing some gains
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
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”
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.