Market Close: May 17 Down

Fueling Strategy: Please keep tanks topped today/tonight, Saturday prices will go UP again 4 cents BUT we’ll see a correction of 3 cents down Sunday – Be Safe

NYMEX Crude $ 62.76 DN $.1100

NYMEX ULSD $2.0955 DN $.0277

NYMEX Gas $2.0473 DN $.0145

NEWS

U.S. sanctions on Iran cut the OPEC member’s crude exports further in May.
Rising tensions in the Middle East this week are raising concerns about additional supply disruption.
Mounting tension overshadows bearish developments, such as an unexpected increase in U.S. crude inventories.

Have a Great Day,

Loren R Bailey, President

Fuel Manager Services Inc

Office: 479-846-2761

Cell: 479-790-5581

Market Close: May 20 Mixed »

« Market Close: May 16 UP

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.