Market Close: Dec 17 Down

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

NYMEX Crude $ 49.88 DN $1.3200

NYMEX ULSD $1.8267 DN $0.0186

NYMEX Gas $1.4104 DN $0.0239

NEWS

Oil prices settle below $50 a barrel for the first time since October 2017 on signs of oversupply in the United States.
Investor sentiment remains under pressure from oversupply and concern over the prospects for global economic growth and fuel demand.
U.S. crude futures fell after industry data showed inventories at the storage hub at Cushing, Oklahoma rising by more than 1 million barrels.

Have a Great Day,

Loren R Bailey, President

FMS Management Group LLC

Office: 479-846-2761

Cell: 479-790-5581

“We Do It Right The First Time”

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”

Market Close: Dec 18 Down »

« Market Close: Dec 14 Down

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.