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Monthly Archive for August, 2018

Market Close: Aug 17 Mixed

Fueling Strategy: Please fill as needed today/tonight, Prices are down 4 cents – Drive Safe NYMEX Crude    $  65.91 UP $.4500 NYMEX ULSD     $2.0982 UP $.0018 NYMEX Gas       $1.9809 DN $.0065 NEWS U.S. crude posts its seventh consecutive week of losses, while Brent crude oil futures are set for a third straight weekly […]

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Market Close: Aug 16 Mixed

Fueling Strategy: Please partial fill ONLY tonight, Friday prices will drop 4 cents – Drive Safe NYMEX Crude    $  65.46 UP $.4500 NYMEX ULSD     $2.0964 UP $.0060 NYMEX Gas       $1.9874 DN $.0100 NEWS Beijing says it will send a delegation to Washington in late August, easing economic growth fears amid an ongoing […]

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Market Close: Aug 15 Down

Fueling Strategy: Please partial fill only tonight, Thursday prices will drop one penny – Drive Safe NYMEX Crude    $  65.02 DN $2.0300 NYMEX ULSD     $2.0904 DN $0.0383 NYMEX Gas       $1.9974 DN $0.0367 NEWS U.S. crude stocks rise by 6.8 million barrels, the Energy Information Administration said on Wednesday. The nation’s crude imports jumped […]

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Market Close: Aug 14 Mixed

Fueling Strategy: Please fill as needed today/tonight – Drive Safe NYMEX Crude    $ 67.04 DN $.1600 NYMEX ULSD     $2.1287 DN $.0083 NYMEX Gas       $2.0341 UP $.0194 NEWS Saudi Arabia cuts output in July, raising concerns about OPEC’s ability to meet global demand for crude. U.S. sanctions against Iran target oil exports, threatening to […]

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Market Close: Aug 13 Down

Fueling Strategy: Please fill as needed today/tonight – Drive Safe NYMEX Crude    $ 67.20 DN $.4300 NYMEX ULSD     $2.1370 DN $.0027 NYMEX Gas       $2.0147 DN $.0245 NEWS Genscape reports that crude stockpiles at the Cushing, Oklahoma delivery hub rose by 1.7 million barrels. Turkey’s financial crisis and trade wars threaten economic growth in […]

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Market Close: Aug 10 UP

Fueling Strategy: Please keep tanks topped today/tonight, Prices are down 5.5 cents – Drive Safe Today NYMEX Crude    $ 67.63 UP $.8200 NYMEX ULSD     $2.1397 UP $.0278 NYMEX Gas       $2.0392 UP $.0393 NEWS US-China trade dispute raises fears of slower growth and reduced oil demand. Iran sanctions are expected to tighten oil supply. […]

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Market Close: Aug 09 Down

Fueling Strategy: Please partial fill ONLY today/tonight, Friday prices will fall 5.5 cents – Drive Safe NYMEX Crude    $ 66.81 DN $.1300 NYMEX ULSD     $2.1119 DN $.0038 NYMEX Gas       $1.9999 DN $.0196 NEWS The oil market recoups some of Wednesday’s sharp losses, as risks associated with renewed U.S. sanctions on Iran put a […]

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Market Close: Aug 08 Down

Fueling Strategy: Please keep tanks topped today/tonight, Thursday prices will go UP 3 cents – Drive Safe NYMEX Crude    $ 66.94 DN $2.2300 NYMEX ULSD     $2.1157 DN $0.0534 NYMEX Gas       $2.0195 DN $0.0845 NEWS China said retaliates against U.S. tariffs by slapping additional import duties of 25 percent on $16 billion worth of […]

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Market Close: Aug 07 UP

Fueling Strategy: Please keep tanks topped today/tonight, Wednesday prices will go UP 1.5 cents then another 3 cents Thursday – Drive Safe NYMEX Crude    $ 69.17 UP $.1600 NYMEX ULSD     $2.1691 UP $.0298 NYMEX Gas       $2.1040 UP $.0389 NEWS Oil prices rises as the United States re-introduces sanctions against major crude exporter Iran. […]

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Market Close: Aug 06 Mixed

Fueling Strategy: Please fill as needed today/tonight – Drive Safe NYMEX Crude    $ 69.01  UP $.5200 NYMEX ULSD     $2.1393 UP $.0124 NYMEX Gas       $2.0654 DN $.0004 NEWS Oil futures rose on Monday after OPEC sources said Saudi crude production unexpectedly fell in July, raising concerns about global oil supplies as the United States […]

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