Fueling Strategy: Please “KEEP YOUR TANKS TOPPED TODAY/TONIGHT”, Friday prices will go UP4 Cents ~ Be Safe Today!

NYEX Crude      $  70.02 DN $.2700

NYMEX ULSD     $2.2380 UP $.0147

NYMEX Gas       $1.9885 UP $.0027

NEWS

January WTI crude oil Thursday closed down -0.27, and January RBOB gasoline closed up +0.0027 (+0.14%).

Crude oil and gasoline prices Thursday fell back from 2-1/2 week highs and settled mixed.  Thursday’s rally in the dollar index to a 2-week high weighed on energy prices.  Also, Thursday’s monthly report from the International Energy Agency (IEA) was bearish for crude as the IEA projects a global oil glut next year.

Crude price retreated Thursday after the IEA said global oil markets would be oversupplied by 1.4 million bpd if OPEC+ proceeds with plans to revive crude output starting in April, and even if OPEC+ cancels next year’s production hikes entirely, there will still be a supply glut of 950,000 bpd.

Have a Great Day!

Loren R Bailey, President

Office: 479-846-2761

Cell: 479-790-5581

SCHEDULED OUT OF OFFICE  

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 32-years of Service Excellence”

www.FuelManagerServices.com

“Coming Together is the Beginning; Keeping Together is Progress; Working Together is Success”  ~ Henry Ford