Market Close: May 20 Mixed

Fueling Strategy: Please fuel as needed today/tonight – Be Safe Today

NYMEX Crude $ 63.10 UP $.3400

NYMEX ULSD $2.0736 DN $.0219

NYMEX Gas $2.0099 DN $.0374

NEWS

OPEC and its allies indicate they are likely to maintain production cuts that have helped boost oil prices this year.
Saudi Energy Minister Khalid al-Falih says there is a consensus among OPEC and other producers to drive down crude stockpiles “gently.”
Rising tensions in the Middle East adds to bullish sentiment in the oil market.

Have a Great Day,

Loren R Bailey, President

Fuel Manager Services Inc

Office: 479-846-2761

Cell: 479-790-5581

Market Close: May 21 Mixed »

« Market Close: May 17 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.