Market Close: March 27 Down

Fueling Strategy: Please fuel as needed today/tonight, plan on Thursday’s one cent bump in prices – Be Safe Today

NYMEX Crude $ 59.41 DN $.5300

NYMEX ULSD $1.9806 DN $.0093

NYMEX Gas $1.8955 DN $.0602

NEWS

* Crude inventories rose by 2.8 million barrels in the last week, the U.S. Energy Information Administration reported.
* Venezuela’s main oil export port of Jose and its four crude upgraders are unable to resume operations following a massive power blackout.
* Worries about demand also weigh on the market as manufacturing data from Asia, Europe and the U.S. point to an economic slowdown.

Have a Great Day,

Loren R Bailey, President

FMS Management Group LLC

Office: 479-846-2761

Cell: 479-790-5581

Market Close: March 28 Down »

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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.