Market Close: Oct 23 Up

Fueling Strategy: Please fuel as needed today/tonight, Thursday prices will go up 1/2 cent – Be Safe

NYMEX Crude $ 55.97 UP $1.4900

NYMEX ULSD $1.9643 UP $0.0206

NYMEX Gas $1.6519 UP $0.0430

NEWS

The U.S. investment bank said Brent crude futures had been caught between “worsening growth expectations and rising Middle East tensions” in recent weeks.
But, despite apparent apathy in energy markets, the bank anticipated improving fundamentals would lead to higher prices over the coming months.
“The ongoing OPEC cuts and slowing shale activity will offset rising other non-OPEC supply and moderate demand growth next year,” analysts at Goldman Sachs said.

Have a Great Day,

Loren R Bailey, President

Fuel Manager Services Inc.

Office: 479-846-2761

Cell: 479-790-5581

Market Close: Oct 24 Up »

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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.