Please start using the BENNETTIG app to shop for your fuel discount prices. My office updates this app 3 to 4 times daily using the same file you receive via email from [email protected].
Questions? Feel free to call me night or day, Loren
Fueling Strategy: Please “KEEP YOUR TANKS TOPPED TODAY/TONIGHT, Thursday prices will go UP 4 Cents ~ Be Safe Today
NYEX Crude $ 81.57 UP $1.2400
NYMEX ULSD $2.5208 UP $0.0383
NYMEX Gas $2.4832 UP $0.0363
NEWS
July WTI crude oil on Tuesday closed up +1.24, and July RBOB gasoline closed up +3.63. Crude oil and gasoline prices Tuesday finished moderately higher, with crude posting a 7-week high and gasoline posting a 3-week high. A weaker dollar Tuesday was supportive of energy prices. Crude also has support on expectations that global oil supplies will remain tight in the medium term after Saudi Arabia said last week that it could reverse OPEC+ production changes to support crude prices and after Russia vowed to cut back its crude production.
Tuesday’s global economic news was mixed for energy demand and oil prices. On the positive side, US May manufacturing production rose +0.9% m/m, stronger than expectations of +0.3% m/m. Also, the German Jun ZEW survey expectations of economic growth rose +0.4 to a 2-1/3 year high of 47.5. Conversely, US May retail sales rose +0.1% m/m, weaker than expectations of +0.3% m/m. A decline in crude oil 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 -12% w/w to 78.66 million bbl as of June 14.
Crude has carryover support from last Thursday when after Russia’s Energy Ministry pledged to cut daily crude production this month by 971,000 bpd from the baseline of 9.949 million bbl. In April and May, Russia over-produced relative to its OPEC+ target, but it said it plans to comply strictly with its quota beginning this month.
Hope you are well! See below for this month/months promotions at our 7FLEET Diesel Network sites. These promos will run from June 26th – August 27th. Also have a bonus promotions window and day with 7-Eleven/Slurpee day on July 11th!!! I’ve included some high-level info on Slurpee day and some images for reference. Please communicate this out to all carriers and include in any monthly newsletters or other forms of communication you have. Let me know if you need anything additional from me.
Thank you for your partnership!
On July 11, celebrate Slurpee Day with us! Rewards members will receive one free small Slurpee at 7-Eleven, Speedway and Stripes locations! Don’t miss our Slurpee Day $1 Deals available between July 9th and July 23rd as well! Enjoy savings on over 100 items like pizza slices, Big Bites, energy drinks, select snacks, candy and more!
The 7FLEET Diesel Network is a nationwide network of truck diesel lanes established by 7-Eleven, Inc. These truck-friendly locations are built with professional drivers in mind with payment acceptance, food offerings and other amenities which better serve the trucking industry. The 7FLEET Diesel Network currently includes over 380+ locations with future expansion to the 7-Eleven family of brands.
Join America’s #1 loyalty program and earn free stuff! Start earning points on items you already buy. Then redeem those points for coupons or gift cards to put towards your favorite items or get discounts on fuel with our Fuel Rewards! Use the link’s below to download our app and sign up!
Fueling Strategy: Please “KEEP YOUR TANKS TOPPED TODAY/TONIGHT, Wednesday prices will go UP 6 Cents ~ Be Safe Today
NYEX Crude $ 77.74 UP $2.2100
NYMEX ULSD $2.4147 UP $0.0630
NYMEX Gas $2.4109 UP $0.0283
NEWS
Prices had climbed about 3% to a one-week high on Monday, buoyed by expectations that the Northern Hemisphere summer vacation season will boost fuel demand this summer. Some analysts said the gain was likely to be short-lived given the prospect of higher interest rates remaining due to stronger-than-desired inflation.
The release of U.S. consumer price index data for May and the conclusion of the Fed’s two-day policy meeting are both scheduled for Wednesday.
“More conviction may be needed in oil prices for a more sustained recovery with a move above the $83.00 level, given that the broader trend for oil prices still leans on the downside with a series of higher highs since April,” IG market strategist Yeap Jun Rong said.
