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Monthly Archive for: ‘August, 2015’
Drop and Rally

Weekly Fuel Market Update (WFMU) | August 26th, 2015 Nationally This week began with prices plundering due to a struggling Chinese market. The last few days, futures trading opened hopeful but rallies have quickly seceded. New Mexico Feeling the effects of the nations trading, prices continue to drop. Local refiners have opened up more supply. …

Crude Oil Hits New Lows

Weekly Fuel Market Update (WFMU) | August 18th, 2015 Nationally At $42.00 per barrel for crude oil, this is the lowest it has been in the past six years, but gasoline prices have increase over $.08 in the past week due to refinery issues. New Mexico We are still feeling the effects of the refinery …

Historic Week in Fuel Market

Weekly Fuel Market Update (WFMU) | August 14th, 2015 Nationally Crude oil hit $41.35 / barrel, and new six-year low, but regional tightness has caused refined fuel prices to stay on the higher side in regional spot markets. New Mexico Summer demand has slowed down and supply has loosened up across the state. We have …