Market Close: June 06 Down

Fueling Strategy: Please fill as needed today/tonight but plan on Thursday’s one penny drop – Be Safe

NYMEX Crude $ 64.73 DN $.7900

NYMEX ULSD $2.1266 DN $.0150

NYMEX Gas $2.0700 DN $.0362

NEWS

U.S. crude inventories were up by 2.1 million barrels in the week to June 1, compared with analysts’ expectations for a decrease of 1.8 million barrels.
Venezuelan state firm PDVSA is considering declaring force majeure on some exports, amid plummeting output and tanker bottlenecks at ports.
OPEC and Russia will meet on June 22 to decide whether to increase production following a fall in global inventories as world demand outstrips supply.

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

www.FuelManagerServices.com

“Perform at your best when your best is required. Your best is required each day.” ~ Coach John Wooden

Market Close: June 07 UP »

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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.