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Market Close: Feb 12 Mixed

Fueling Strategy: Wholesale prices are down 7 cents please fill as needed tonight – Be Safe
NYMEX Crude    $ 59.29 UP $.09000
NYMEX ULSD     $1.8389 DN $.0162
NYMEX Gas       $1.6785 DN $.0217
NEWS
  • The oil market firmed up after a week of heavy losses, with U.S. crude holding above $59 per barrel even as American output soars.
  • OPEC forecast world oil demand would grow faster than expected in 2018, but higher prices will encourage the United States and other non-member producers to pump more.
  • The drivers for higher oil prices are “unlikely sustainable,” Goldman Sachs said in a research note.
Have a Great Day,
Loren R Bailey, President
Fuel Manager Services, Inc.
“We Offer More Services to Fuel Your Business”
Office: 479-846-2761
Cell: 479-790-5581
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.