Market Close: Dec 18 Down

Fueling Strategy: Please fuel as needed tonight but plan on Wednesday’s 2 cent drop in prices, Thursday look for prices to drop almost 8 cents – Be Safe Today

NYMEX Crude $ 46.24 DN $3.6400

NYMEX ULSD $1.7539 DN $0.0728

NYMEX Gas $1.3505 DN $0.0599

NEWS

Oil prices sink to a more than 15-month low below $46 a barrel, extending the previous session’s selling.
Crude output from U.S. shale fields is set to rise above 8 million barrels per day for the first time ever, while Russia is reportedly pumping at a record 11.42 million bpd this month.
Fears of slowing global growth and weakening oil demand are also gripping the market, analysts say.

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.”

Fuel Alert Strategy: Dec 19 »

« Market Close: Dec 17 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.