Market Close: March 07 Mixed

Fueling Strategy: Please fuel as needed today/tonight, Friday prices will NOT change – Be Safe

NYMEX Crude $ 56.66 UP $.4400

NYMEX ULSD $2.0127 DN $.0035

NYMEX Gas $1.8054 UP $.0164

NEWS

Crude futures continue to draw support form OPEC-led supply cuts and further signs Venezuela’s PDVSA is struggling to export oil amid U.S. sanctions.
Oil prices briefly gave up gains as equities slumped following a sharp downward revision to the European Central Bank’s growth forecast for the continent.
U.S. crude oil stockpiles surge as American drillers pump at all-time highs near 12 million barrels a day.

Have a Great Day,

Loren R Bailey, President

FMS Management Group LLC

Office: 479-846-2761

Cell: 479-790-5581

Market Close> March 08 Down »

« Market Close: March 06 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.