The Bennett Mobile Fuel Discount App is more accurate than the Fuelbook App due to the locations and discounts are updated upwards of four times daily PLUS the locations ARE verified as discount locations. We’ve experiencing random truck stops loading on the Fuelbook App where you do NOT have a fuel discount. 

Please move to the BennettIG app that NOW had Fuel Discount loaded 365 days!

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 18 Out Afternoon

NOV 19 Out Until Noon

DEC 21 Out Late Afternoon

DEC 22 Out All Day

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams

Fueling Strategy: Please “PARTIAL FILL ONLY” today/tonight due to Saturday wholesale prices will DROP 12 Cents ~ Be Safe

NMEX Crude      $ 75.89 UP $2.9900

NYMEX ULSD     $2.7725 UP $0.0223

NYMEX Gas       $2.1845 UP $0.0834

NEWS

Oil prices rose on Friday, a day after sinking 5% to a four month-low on growing worries about burgeoning non-OPEC supply and cooling demand. The WTI contract for December rose $2.99, or 3.03%, to $75.89 per barrel, while the Brent contract for January rose 3.2%, or $2.49, to $79.91 a barrel.

Both benchmarks have lost around a sixth of their value over the last four weeks, and prices are on track for their fourth straight week of losses. “Oil prices are down slightly this year despite demand exceeding our optimistic expectations,” Goldman Sachs analysts said in a note. “Non-core OPEC supply has been much stronger than expected, partly offset by OPEC cuts.” Prompt monthly spreads for both contracts have flipped to contango, a structure that indicates nearby prices are lower than those in future months reflecting healthy supply.

Oil’s decline this week was mainly triggered by a steep rise in U.S. crude inventories and production sustaining at record levels, while signs of thawing demand in China also triggered concerns. But the precipitous drop on Thursday had some analysts questioning whether the selloff was overdone, particularly in light of escalating tensions in the Middle East that could disrupt oil supplies and the U.S. vowing to enforce sanctions against Hamas-backer Iran. Another factor contributing to negative sentiment on Thursday was the number of Americans filing new claims for unemployment benefits increasing, and a slight contraction in industrial production figures. “Poor numbers maybe, but not disastrous, however it was enough to tip the balance and carnage ensued with sell stops cascading with triggers,” said John Evans of oil broker PVM.

With Brent below $80 a barrel, a barrage of analysts now expect OPEC+, principally Saudi Arabia and Russia, to extend their voluntary cuts into 2024. “It has become clearer that the oil balance for the remainder of this year is not as tight as initially expected,” ING analysts said in a note. “As things stand, the market is still expected to return to surplus in 1Q24.”

Have a Great Day,

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 18 Out Afternoon

NOV 19 Out Until Noon

DEC 21 Out Late Afternoon

DEC 22 Out All Day

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams

Fueling Strategy: Please “KEEP YOUR TANKS TOPPED OUT” tonight, Friday look for a 3 cent jump in prices, Please plan on Saturday’s 12 Cent drop in prices ~ Be Safe

NMEX Crude      $ 72.90 DN $3.7600

NYMEX ULSD     $2.7502 DN $0.1185

NYMEX Gas       $2.1011 DN $0.1008

NEWS

Oil prices fell on Thursday, extending losses from the previous session, as signals of higher supply from the United States met worries about lackluster energy demand from China. Brent Crude down $1.64 or 2.02%, at $79.54 a barrel. U.S. crude shed $3.67, or 2.18%, to $74.99 a barrel. Both benchmarks fell more than 1.5% in the prior session.

WTI’s front-month contract also traded below the price for the second month, a structure known as contango, suggesting that investors expect prices to increase. The front month’s discount to the second month traded at minus 17 cents on Thursday. “Concerns over a record-high U.S. production rate put fresh pressure on oil prices, adding to an already worrisome demand outlook,” said Tina Teng, a markets analyst at CMC Markets in Auckland. U.S. crude stocks rose by 3.6 million barrels last week to 421.9 million barrels, according to the U.S. Energy Information Administration (EIA), far exceeding analysts’ expectations in a Reuters poll for a 1.8 million-barrel rise. U.S. crude production held steady at a record 13.2 million barrels per day (bpd).

In Asia, China’s oil refinery throughput eased in October from the previous month’s highs as industrial fuel demand weakened and refining margins narrowed. Still, its economic activity perked up in October as industrial output increased at a faster pace and retail sales growth beat expectations. Data released on Thursday morning underscored concerns around China’s property sector, showing that new home prices fell for a fourth consecutive month in October, with property sales by floor area down 20.33% year-on-year. Technical factors were also restraining any upward movement in prices, said Jun Rong Yeap, a market strategist at IG in Singapore.

“Given that the tighter oil supply-demand dynamics have been less prominent from months ago, there has been some unwinding in previous bullish positioning ever since, with prices falling back below their 200-day moving average as a sign of sellers in control,” Yeap said.

Have a Great Day,

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 18 Out Afternoon

NOV 19 Out Until Noon

DEC 21 Out Late Afternoon

DEC 22 Out All Day

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams

Fueling Strategy: Please “FUEL AS NEEDED” tonight, Thursday look a small 1/2 cent drop in prices ~ Be Safe

NMEX Crude      $ 76.66 UP $1.6000

NYMEX ULSD     $2.8687 UP $0.0316

NYMEX Gas       $2.2018 UP $0.0210

NEWS

December WTI crude oil on Wednesday closed down -1.60 (-2.04%), and Dec RBOB gasoline closed down -0.0210 (-0.94%) Crude oil and gasoline prices Wednesday settled moderately lower.  A stronger dollar Wednesday weighed on energy prices.  Crude prices extended their losses after Wednesday’s weekly EIA report showed crude inventories rose more than expected.  Losses in crude were limited by signs of strength in China’s economy after China’s Oct industrial production rose more than expected.  Also, Wednesday’s rally in the S&P 500 rose to a 2-1/2 month high increases confidence in the economic outlook that supports energy demand and crude prices.

Wednesday’s global economic news was mixed for crude prices.  On the bearish side, the European Commission cut its Eurozone 2023 GDP forecast to 0.6% from a September forecast of 0.8%.  Also, Eurozone Sep industrial production fell -1.1% m/m, weaker than expectations of -1.0% m/m.  In addition, Japan’s Q3 GDP fell -2.1% (q/q annualized), weaker than expectations of -0.4%.  On the bullish side, China Oct industrial production rose +4.6% y/y, stronger than expectations of +4.5% y/y and the largest increase in 6 months.  Also, the U.S. Nov Empire manufacturing survey general business conditions rose +13.7 to a 7-month high of 9.1, stronger than expectations of -3.0. Strength in the crude crack spread is bullish for oil prices.  The crack spread rose to a 1-1/2 month high Wednesday, encouraging refiners to boost their crude purchases and refine the crude into gasoline and distillates.

Expectations for increased travel in the U.S. over the Thanksgiving holiday are supporting fuel demand and crude prices.  According to the American Automobile Association (AAA) forecast, 55.4 million Americans are expected to travel 50 miles or more from home over the holiday, the third most in records from 2000.

A decline in crude in floating storage is bullish for prices.  Monday’s weekly data from Vortexa showed that the amount of crude oil held worldwide on tankers that have been stationary for at least a week fell -26% w/w to 58.17 million bbl as of Nov 10, the lowest in 2-3/4 years.

Increased crude consumption in India, the world’s third largest crude consumer, is bullish for oil prices after India’s oil product consumption in October rose +3.7% y/y to 19.3 MMT, the highest five months. An increase in Russian crude exports is bearish for oil prices.  Tanker-tracking data monitored by Bloomberg shows 3.48 million bpd of crude was shipped from Russian ports in the four weeks to Nov 5, near the highest in four months.

In a bearish factor for crude oil, the U.S. on Oct 18 said it would ease sanctions for six months on Venezuela’s oil exports in exchange for steps to ensure the country holds fair presidential elections next year.  An easing of sanctions would put additional crude supplies on the global market, with some analysts estimating about 200,000 bpd of additional supplies.

The tightness in the oil market is expected to continue due to the extension of OPEC+ production cuts.  Saudi Arabia recently said it would maintain its unilateral crude production cut of 1.0 million bpd through December.  The move will hold Saudi Arabia’s crude output at about 9 million bpd, the lowest level in three years.  Russia also recently announced that it would maintain its 300,000 bpd cut in crude production through December.  OPEC Oct crude production was little changed, rising +50,000 bpd to 28.08 million bpd.

Wednesday’s weekly EIA report was mixed for crude and products.  On the bearish side, EIA crude inventories rose +3.6 million bbl, above expectations of +2.0 million bbl.  Also, crude supplies at Cushing, the delivery point of WTI futures, rose +1.9 million bbl.  On the bullish side, EIA gasoline stockpiles unexpectedly fell -1.5 million bbl versus expectations of a +1.5 million bbl increase.  Also, EIA distillate supplies fell -1.4 million bbl, more than expectations of -1.1 million bbl.

Wednesday’s EIA report showed that (1) U.S. crude oil inventories as of Nov 10 were -2.4% below the seasonal 5-year average, (2) gasoline inventories were -1.2% below the seasonal 5-year average, and (3) distillate inventories were -13.6% below the 5-year seasonal average.  U.S. crude oil production in the week ended Nov 10 was unchanged w/w at a record high of 13.2 million bpd.

Baker Hughes reported last Friday that active U.S. oil rigs in the week ended Nov 10 fell by -2 rigs to 494 rigs, posting a new 1-3/4 year low.  The number of U.S. oil rigs has fallen this year after moving sharply higher during 2021-22 from the 18-year pandemic low of 172 rigs posted in Aug 2020 to a 3-1/2 year high of 627 rigs in December 2022.

Have a Great Day,

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 18 Out Afternoon

NOV 19 Out Until Noon

DEC 21 Out Late Afternoon

DEC 22 Out All Day

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams

To All:

If you have a situation where your MasterCard doesn’t work at the pump and you go inside to get the attendant to help with the transaction….Make sure they run the transaction via EFS or Comdata so you get the fuel discount. If you hand them your card without instructions they’ll simply run the card like your personal MasterCard and you won’t get the fuel discount.

Have a Great Day,

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 18 Out Afternoon

NOV 19 Out Until Noon

DEC 21 Out Late Afternoon

DEC 22 Out All Day

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams

Fueling Strategy: Please “KEEP YOUR TANKS TOPPED” today/tonight, Wednesday prices will jump UP 10 Cents~Be Safe

NMEX Crude      $ 78.26 NC $.0000

NYMEX ULSD     $2.8371 DN $.0022

NYMEX Gas       $2.2228 DN $.0131

NEWS

December WTI crude oil on Tuesday closed unchanged, and Dec RBOB gasoline closed down -0.0131 (-0.59%). Crude oil and gasoline prices Tuesday gave up early gains and settled mixed on global energy demand concerns.  Crude oil prices Tuesday initially moved higher, with crude posting a 1-week high and gasoline posting a 1-1/2 week high.  Tuesday’s slump in the dollar index to a 2-1/4 month low was bullish for energy prices.  Crude also has support from Tuesday’s weaker-than-expected U.S. Oct CPI report, which bolstered speculation the Fed is done raising interest rates.   In addition, Tuesday’s rally in the S&P 500 to a 2-month high boosts confidence in the economic outlook that supports energy demand and crude prices.

Global energy demand concerns weighed on crude prices Tuesday after the International Energy Agency (IEA) said global oil markets are less tight than expected as supply climbs.  The IEA said a global supply shortfall during Q4 will now be 30% smaller than previously projected at about 900,000 bpd as “production growth in the U.S. and Brazil has been outperforming forecasts.” Expectations for increased travel in the U.S. over the Thanksgiving holiday are supporting fuel demand and crude prices.  According to the American Automobile Association (AAA) forecast, 55.4 million Americans are expected to travel 50 miles or more from home over the holiday, the third most in records from 2000.

A decline in crude in floating storage is bullish for prices.  Monday’s weekly data from Vortexa showed that the amount of crude oil held worldwide on tankers that have been stationary for at least a week fell -26% w/w to 58.17 million bbl as of Nov 10, the lowest in 2-3/4 years.

Increased crude consumption in India, the world’s third largest crude consumer, is bullish for oil prices after India’s oil product consumption in October rose +3.7% y/y to 19.3 MMT, the highest five months. An increase in Russian crude exports is bearish for oil prices.  Tanker-tracking data monitored by Bloomberg shows 3.48 million bpd of crude was shipped from Russian ports in the four weeks to Nov 5, near the highest in four months.

In a bearish factor for crude oil, the U.S. on Oct 18 said it would ease sanctions for six months on Venezuela’s oil exports in exchange for steps to ensure the country holds fair presidential elections next year.  An easing of sanctions would put additional crude supplies on the global market, with some analysts estimating about 200,000 bpd of additional supplies.

The tightness in the oil market is expected to continue due to the extension of OPEC+ production cuts.  Saudi Arabia recently said it would maintain its unilateral crude production cut of 1.0 million bpd through December.  The move will hold Saudi Arabia’s crude output at about 9 million bpd, the lowest level in three years.  Russia also recently announced that it would maintain its 300,000 bpd cut in crude production through December.  OPEC Oct crude production was little changed, rising +50,000 bpd to 28.08 million bpd.The consensus is for Wednesday’s weekly EIA crude inventories to climb by +2.0 million bbl.

The Nov 1 EIA report showed that (1) U.S. crude oil inventories as of Oct 27 were -5.2% below the seasonal 5-year average, (2) gasoline inventories were +2.1% above the seasonal 5-year average, and (3) distillate inventories were -12.2% below the 5-year seasonal average.  U.S. crude oil production in the week ended Oct 27 was unchanged w/w at a record high of 13.2 million bpd.

Baker Hughes reported last Friday that active U.S. oil rigs in the week ended Nov 10 fell by -2 rigs to 494 rigs, posting a new 1-3/4 year low.  The number of U.S. oil rigs has fallen this year after moving sharply higher during 2021-22 from the 18-year pandemic low of 172 rigs posted in Aug 2020 to a 3-1/2 year high of 627 rigs in December 2022.

Have a Great Day,

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 14 Out Afternoon

NOV 18 Out Afternoon

NOV 19 Out Until Noon

DEC 21 Out Late Afternoon

DEC 22 Out All Day

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams

Fueling Strategy: Please “FUEL AS NEEDED” today/tonight, Tuesday “KEEP YOUR TANKS TOPPED” Wednesday prices will jump UP 10 Cents~Be Safe

NMEX Crude     $ 78.26 UP $1.0900

NYMEX ULSD    $2.8393 UP $0.0962

NYMEX Gas      $2.2359 UP $0.0464

Have a Great Day,

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 14 Out Afternoon

NOV 18 Out Afternoon

NOV 19 Out Until Noon

DEC 21 Out Late Afternoon

DEC 22 Out All Day

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams

Fueling Strategy: Please “FUEL AS NEEDED” today, prices are down 9 cents today and will fall another 3 cents Saturday then Sunday look for the bump UP of 2.5 Cents ~ Be Safe

NMEX Crude      $ 77.17 UP $1.4300

NYMEX ULSD     $2.7431 UP $0.0240

NYMEX Gas       $2.1895 UP $0.0287

Have a Great Day,

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 18 Out Afternoon

NOV 19 Out Until Noon

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams

Fueling Strategy: Please “PARTIAL FILL ONLY” today/tonight due to Friday wholesale prices will DROP 9 Cents ~ Be Safe

NMEX Crude      $ 75.74 UP $.4100

NYMEX ULSD     $2.7191 DN $.0301

NYMEX Gas       $2.1608 UP $.0323

NEWS

HOUSTON, Nov 9 (Reuters) – The Brent crude oil benchmark finished above $80 a barrel on Thursday, after demand concerns and a fading war-risk premium triggered a sell-off earlier this week. Brent crude futures settled at $80.01 a barrel, a gain of 47 cents, or 0.59%. U.S. West Texas Intermediate (WTI) crude futures finished at $75.74 a barrel up 41 cents or 0.54%.

Late in Thursday’s trading, comments by U.S. Federal Reserve Chairman Jerome Powell indicating possible future interest rate increases shook stock and crude oil markets’ hopes for strong demand. “There’s a macroeconomic head wind affecting markets today,” said John Kilduff, partner with Again Capital LLC.

Market fundamentals dominated trader sentiments through much of Thursday as fears of Middle East supply disruptions have eased, said Jim Burkhard, vice president and head of research for oil markets at S&P Global Commodity Insights. “The onset of the Israel-Hamas war does fuel volatility and bring additional risks, but it has not affected underlying oil market fundamentals,” Burkhard said. “Oil prices have remained below where they were in late September – a week before the Hamas attack. Strong oil market fundamentals are prevailing over any fears at the moment.”

Brent is nearly $20 a barrel lower than its September peak. Data from China on Thursday showed policymakers struggling to control disinflation, casting doubt over the chances of a broad-based economic recovery in the world’s biggest commodity consumer. Earlier in the week customs data showed that China’s total exports of goods and services contracted faster than expected.

Demand indicators also imply weakness in the United States.

Have a Great Day,

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

NOV 18 Out Afternoon

NOV 19 Out Until Noon

Tell Us How We’re Doing On Google Business

https://g.page/r/CUyL9wDolv04EAI/review

As always, thank you so much for being a part of the Fuel Manager Services, Inc. family, and we look forward to making this the best year yet!

“Celebrating 31-years of Service Excellence”

www.FuelManagerServices.com

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” ~ Douglas Adams