Market Close: May 29 Down

Fueling Strategy: Please fill as needed today/tonight – Prices are down 8 cents since Friday AM – Be Safe Today

NYMEX Crude $ 66.73 DN $1.1500

NYMEX ULSD $2.1859 DN $0.0239

NYMEX Gas $2.1441 DN $0.0373

NEWS

Oil prices fell as much as 3 percent on Tuesday, continuing last week’s rout.
The expectation that OPEC, Russia and other producers will wind down a deal to cap output at a meeting next month is weighing on the market.
Saudi Arabia and Russia have signaled they could start to exit the deal due to U.S. sanctions on Iranian oil exports and falling Venezuelan output.

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

Market Close May 30 UP »

« Market Close: May 25 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.