Market Close: March 04 Mixed

Fueling Strategy: Please fuel as needed tonight, Thursday prices will go up slightly 1/2 cent – Be Safe

NYMEX Crude $ 46.78 DN $.4000

NYMEX ULSD $1.5332 UP $.0002

NYMEX Gas $1.5555 UP $.0242

NEWS

Some of the world’s most powerful oil-producing nations are expected to agree on a deeper round of production cuts this week, although the extent of the reduction is unknown.
Analysts said that while Saudi Arabia might have appetite for higher oil prices, Moscow is “perfectly happy” with crude futures between $50 and $60.
OPEC and non-OPEC producers — sometimes referred to as OPEC+ — will meet in Vienna, Austria on March 5-6.

Have a Great Day,

Loren R Bailey, President

Fuel Manager Services Inc.

Office: 479-846-2761

Cell: 479-790-5581

Market Close: March 05 Down »

« Market Close: March 03 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.