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Category Archive for: ‘Fuel Market Update’
Wild Ride For Fuel Prices

Weekly Fuel Market Update (WFMU) | July 12th, 2016 Nationally Worldwide economic events are sending energy prices swinging back and forth. News surrounding the European economy, world wide oil production, and rig counts have been the top culprits. Gas and diesel took a .04 cpg swing up today. New Mexico Diesel and gas are loosening …

Gas Shortage In Southwest U.S.

Weekly Fuel Market Update (WFMU) | June 29th, 2016 Nationally Pipeline problems and both planned and unplanned refinery outages have created a ripple effect gas shortage in the Southwest over the last week. Many suppliers are limited to contract only loads. This is a great time to talk to your wholesale fuel supplier about a …

Energy Markets Rally

Weekly Fuel Market Update (WFMU) | June 21st, 2016 Nationally Diesel and gas prices rallied on Friday and Monday following a week of losses. As of Monday, diesel was trading up over .10 cents from last week and gasoline was up .08 cents. New Mexico Gas supply remains tight in the Albuquerque area. With the …

Six Days Down

Weekly Fuel Market Update (WFMU) | June 15th, 2016 Nationally After punching through the $50 barrier early last week, crude oil and refined fuel prices have gone down for six straight days. In the last few days markets were effected by higher than expected inventories. New Mexico Product is still tight in Moriarty due to …

The $50 Barrier

Weekly Fuel Market Update (WFMU) | June 1st, 2016 Nationally Crude oil can’t seem to punch through the $50 barrier even with a trend of four consecutive months of rising prices. Demand is high with the summer driving season and reports of reduced production could send prices in the 50s in June. New Mexico Supply …

Prices Reach Yearly Highs

Weekly Fuel Market Update (WFMU) | May 26th, 2016 Nationally Prices for wholesale fuels are trading at their highest levels since September 2015. The EIA released production outputs that showed a major reduction in production this week. New Mexico Supply looks good. No terminal issues to speak of at the moment. West Texas El Paso …

Fuel Markets Rally

Weekly Fuel Market Update (WFMU) | May 18th, 2016 Nationally Wholesale fuel prices are trading at highs not seen since 2015. This trend is expected to continue into the Summer. New Mexico Supply has tightened up in Bloomfield for the next week or so due to the refinery shutdown in Artesia, NM.  Albuquerque supply has …