Fueling Strategy: Please fuel as needed today/tonight, Saturday prices will remain basically flat but partial will ONLY due to Sunday prices will drop 4 cents – Be Safe
NYMEX Crude $ 42.34 DN $.4800
NYMEX ULSD $1.2080 DN $.0387
NYMEX Gas $1.2841 DN $.0124
NEWS
Oil retreated at the end of the week on more negative news from the U.S. labor market. Oil prices fell back to a familiar trading range in the low $40s. “With all the bullish headlines that we’ve seen over the last weeks regarding inventories,” the inability to break higher does not bode well, Tariq Zahir, managing member of the global macro program at Tyche Capital Advisors LLC, told Bloomberg. “Crude fails to break to the upside and you’re in a contango market, so risk is to the downside.”
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”
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”