Market Close: March 04 UP

Fueling Strategy: Please fuel as needed today/tonight – Be Safe

NYMEX Crude $ 56.59 UP $.7900

NYMEX ULSD $2.0143 UP $.0133

NYMEX Gas $1.7490 UP $.0187

NEWS

Oil prices rebound after sinking last week, bolstered by OPEC’s supply cuts and hopes for a resolution to the U.S.-China trade dispute.
The U.S. and China appear close to a deal that would roll back tariffs, easing fears that their stand-off will weigh on global growth and dent fuel demand.
Drilling activity in the U.S. is slowing, but output is still rising.

Have a Great Day,

Loren R Bailey, President

FMS Management Group LLC

Office: 479-846-2761

Cell: 479-790-5581

Market Close: March 05 Mixed »

« Market Close: March 01 Down

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.