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Monthly Archive for: ‘January, 2016’
Fear Grips Energy Traders

Weekly Fuel Market Update (WFMU) | January 25th, 2016 Nationally The market rallied last week with two consecutive days of gains, then fell on Monday back to below the $30/barrel mark. Chinese economic reports brought back fear to traders over the weekend. Supply around the Southwest is fairly good for this time of year when …

New Lows

Weekly Fuel Market Update (WFMU) | January 19th, 2016 Nationally Crude and wholesale diesel and gasoline all hit new lows in the last few days. Seasonal refinery maintenance could help stop the falling prices. New Mexico Local refineries are on and off with seasonal maintenance. Fuel is tight from Artesia. The dyed pump at the …

Refiners Plan Fuel Outages

Weekly Fuel Market Update (WFMU) | January 13th, 2016 Nationally A number of refineries are going into planned turnarounds this time of year where equipment is overhauled and production can be interrupted for weeks at a time. Watch for a general strain on supply between now and mid February. New Mexico Surrounding outages are putting …