Market Close: Feb 20 UP

Fueling Strategy: Please fuel as needed today, tonight partial fill ONLY, Thursday prices will drop 2.5 cents – Be Safe

NYMEX Crude $ 56.92 UP $.8300

NYMEX ULSD $2.0183 UP $.0237

NYMEX Gas $1.5981 UP $.0343

NEWS

Oil prices rebound from a morning slump, hitting their highest levels since late November.
Nigeria is willing to reduce oil output to help secure higher prices, a spokesman said, after a Saudi envoy called on the nation to adhere to a deal to cut output.
The Energy Information Administration forecasts U.S. shale production will hit a record 8.4 million barrels per day next month.

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: Feb 21 Mixed »

« Market Close: Feb 19 Mixed

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.