Market Close: Jan 18 UP

Fueling Strategy: Please fill as needed today/tonight, Saturday we’ll see a small drop of 1 cent then Sunday look for prices to jump UP 3.25 cents – Be Safe

NYMEX Crude $ 53.80 UP $1.7300

NYMEX ULSD $1.9160 UP $0.0317

NYMEX Gas $1.4300 UP $0.0141

NEWS

Oil prices hit a roughly two-month high on news that Beijing has put forward a plan to eliminate its trade surplus with the United States.
The ongoing trade dispute between the world’s two biggest economies has raised concerns about slower global growth and weaker demand for fuel.
Oil prices also draw support from a report issued on Thursday showing OPEC’s oil output fell sharply in December.

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.”

Road Ranger Locations NO Longer Have Discounts »

« Market Close: Jan 17 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.