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Market Close: April 18 Mixed

Fueling Strategy: Please fuel as needed today/tonight ~ Be Safe
NMEX Crude     $108.21 UP $1.2600
NYMEX ULSD    $3.8908 UP $0.0360
NYMEX Gas      $3.3781 DN $0.0033
NEWS
U.S. oil prices climbed on Monday to finish at their highest level of the month so far, buoyed by ongoing concerns about tight supplies with no end in sight for Russia’s war in Ukraine and a reported production outage at Libya’s largest oil field.
West Texas Intermediate crude for May delivery rose $1.26, or 1.2%, to settle at $108.21 a barrel on the New York Mercantile Exchange. That was the highest front-month finish since March 25, FactSet data show.
NYMEX ULSD rose $.036 to $3.8908 with MYMEX gas going down $.0033 to $3.3781
Natural-gas futures, meanwhile, climbed by more than 7%. “Unseasonably cold temperatures are driving elevated spring heating demand in the U.S. amid an already bullish fundamental backdrop of subdued inventory levels and no real signs of rising production in the near to medium term,” said Tyler Richey, co-editor at Sevens Report Research.
May natural gas added 52 cents, or 7.1%, to settle at $7.82 per million British thermal units — the highest finish since September 2008.
Have a Great Day,
Loren R Bailey, President
Office: 479-846-2761
Cell: 479-790-5581
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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!

Marketing & Sales: Brian 817-480-2102
www.owneroperatoradvisoryservice.com
“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”
Categories: Fuel News
loren: Fuel Manager Services Inc. "Serving the trucking industry since 1992" I've been in and around the trucking industry for 45-years beginning in owner operator operations at Willis Shaw Express. I bought a small trucking company that I ran for 6-years then sold and went to work for J.B. Hunt Transport in 1982. After 10-years with Hunt, I started Fuel Manager Services, Inc., we are in our 29th year of serving the American trucking companies. Our simple goal was and is to bridge the gap between the trucking companies and the fuel suppliers.