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Market Close: May 09 Up, Up & Away….

Fueling Strategy: Please partial fill ONLY today/tonight, Thursday it’ll be very important that we buy as much fuel as possible due to 1) prices will be down 3.5 cent and 2) Friday prices will go up 6 cents – Get Ready to pay more for fuel, due to the USA pulling out of the Iran deal the commodity markets are going to react bullishly – Breaching this deal pulls 400,000 barrels daily off the open market – Be Safe
NYMEX Crude    $ 71.14 UP $2.0800
NYMEX ULSD     $2.2180 UP $0.0603
NYMEX Gas       $2.1673 UP $0.0559
NEWS
  • Oil prices surged higher on Wednesday, hitting 3½-year highs, after U.S. President Trump abandoned a nuclear deal with Iran .
  • Iran re-emerged as a major oil exporter in 2016 after international sanctions against it were lifted in return for curbs on its nuclear program.
  • Saudi Arabia said it would work with other producers to lessen the impact of any shortage in oil supplies.
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

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.