Market Close: May 08 Up

Fueling Strategy:Please fuel as needed today/tonight but plan on Thursday’s 3 cent drop in prices – Be Safe

NYMEX Crude $ 62.12 UP $.7200

NYMEX ULSD $2.0562 UP $.0186

NYMEX Gas $1.9750 UP $.0263

NEWS

U.S. crude inventories fell by 4 million barrels in the week to May 3, compared with an expected an increase of 1.2 million barrels.
The escalating China-U.S. trade war could hit economic growth and sap demand for crude oil.
China’s crude imports in April hit a record for the month of 10.64 million barrels per day.

Have a Great Day,

Loren R Bailey, President

Fuel Manager Services

Office: 479-846-2761

Cell: 479-790-5581

Market Close: May 09 Mixed »

« Market Close: May 07 Down

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.