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Monthly Archive for August, 2020

Market Close: Aug 17 Up

Fueling Strategy: Please fuel as needed tonight – Be Safe NYMEX Crude    $ 42.89 UP $.8800 NYMEX ULSD     $1.2391 UP $.0024 NYMEX Gas       $1.2700 UP $.0254 NEWS Oil prices rose on Monday, as OPEC+ producers almost fully complied in July with their global production cut accord, and after U.S. officials said […]

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Market Close: Aug 14 Mixed

Fueling Strategy: Please partial fill ONLY today/tonight (50 gals or less) Saturday prices will fall 1.50 cents – Be Safe NYMEX Crude    $ 42.01 DN $.2300 NYMEX ULSD     $1.2367 DN $.0014 NYMEX Gas       $1.2446 UP $.0098 NEWS Another week and another snoozer for oil prices. WTI and Brent remain in a narrow […]

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Market Close: Aug 13 Down

Fueling Strategy: Please keep tanks topped today/tonight, Friday prices will jump UP 2 cents – Be Safe NYMEX Crude    $ 42.24 DN $.4300 NYMEX ULSD     $1.2381 DN $.0191 NYMEX Gas       $1.2348 DN $.0090 NEWS Oil prices eased on Thursday after the International Energy Agency lowered its 2020 oil demand forecast following unprecedented travel restrictions, […]

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Market Close: Aug 12 Up

Fueling Strategy: Please fuel as needed today/tonight, Thursday prices will remain flat to unchanged then jump UP 2 cents Friday AM – Be Safe NYMEX Crude    $ 42.67 UP $1.0600 NYMEX ULSD     $1.2572 UP $0.0188 NYMEX Gas       $1.2438 UP $0.0393 NEWS Oil futures climbed to end Wednesday at a five-month high, […]

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Market Close: Aug 11 Mixed

Fueling Strategy: Please keep tanks topped today/tonight ~ Be Safe NYMEX Crude    $ 41.61 DN $.3300 NYMEX ULSD     $1.2384 UP $.0015 NYMEX Gas       $1.2045 DN $.0248 NEWS Oil futures finished lower on Tuesday, with prices dragged down by traders’ need to cover margins on the back of big losses in the precious […]

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Market Close: Aug 10 Up

Fueling Strategy: Please fuel as needed today/tonight – Be Safe Today NYMEX Crude    $ 41.94 UP $.7200 NYMEX ULSD     $1.2369 UP $.0170 NYMEX Gas       $1.2293 UP $.0217 NEWS Oil futures ended higher Monday, getting a lift from optimistic remarks about demand from the chief executive of the world’s largest oil company and […]

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Market Close: Aug 07 Down

Fueling Strategy: Please partial fill ONLY today/tonight, Saturday prices will drop 1.5 cents then another 3 cents Sunday- Be Safe NYMEX Crude    $ 41.22 DN $.7300 NYMEX ULSD     $1.2199 DN $.0300 NYMEX Gas       $1.2076 DN $.0205 NEWS Oil spiked on a larger than expected inventory draw this week, but fears of a […]

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Market Close: Aug 06 Mixed

Fueling Strategy: Please fuel as needed today/tonight, Friday look for a small 1/2 cent increase in prices – Be Safe NYMEX Crude    $ 41.95 DN $.2400 NYMEX ULSD     $1.2499 DN $.0132 NYMEX Gas       $1.2281 UP $.0053 NEWS Oil futures ended a choppy trading session in negative territory Thursday, snapping a four-day winning […]

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Market Close: August 04 Up

Fueling Strategy: Please keep tanks topped tonight, Wednesday prices will go UP 2 cents – Be Safe Today NYMEX Crude    $ 41.70 UP $.6900 NYMEX ULSD     $1.2584 UP $.0175 NYMEX Gas       $1.2143 UP $.0012 Have a Great Day, Loren R Bailey, President Fuel Manager Services Inc. Office: 479-846-2761 Cell: 479-790-5581 “Serving the […]

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Market Close: Aug 03 Up

Fueling Strategy: Please fuel as needed today/tonight, Be Safe NYMEX Crude    $ 41.01 UP $.7400 NYMEX ULSD     $1.2409 UP $.0169 NYMEX Gas       $1.2131 UP $.0420 NEWS Oil prices rose nearly 2% on Monday on positive economic data from Europe, Asia and the United States, but investors remained concerned about rising COVID-19 cases […]

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