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Category Archive for: ‘Fuel Market Update’
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 …

Another Glut in Oil?

Weekly Fuel Market Update (WFMU) | May 3rd, 2016 Nationally Worries over higher than expected crude oil inventories and concern of another glut in supply sent prices down each of the last three days. New Mexico Albuquerque, Moriarty and Bloomfield have been in good supply over the last week. There have been very few interruptions …

Fuel Prices Surge

Weekly Fuel Market Update (WFMU) | April 21st, 2016 Nationally Wholesale diesel and gasoline prices reached their highest mark for the year this week with steady increases since the beginning of April. Fingers are pointed in the direction of lower U.S. crude production along with increased demand. New Mexico Gas is loosening up as refiners …

Fuel Prices Sliding Again

Weekly Fuel Market Update (WFMU) | March 29th, 2016 Nationally Fuel prices took a turn this week with four straight days of falling prices. New Mexico Refiners are still in transition for summer gasoline production and the products associated with warmer weather. Prices have fallen over the last few days following trading on the NYMEX. …

Refiners Ramp Up For Summer

Weekly Fuel Market Update (WFMU) | March 16th, 2016 Nationally Reports of less then expected inventory and production levels sent prices higher today. We could see oil press through the $40 a barrel ceiling soon. New Mexico Refiners are ramping up for summer gasoline production and the products associated with warmer weather. The Southwest is …

Decade Low Retail Prices

Weekly Fuel Market Update (WFMU) | February 11th, 2016 Nationally According to the Energy Information Administration (EIA), the national average fuel retail price is the lowest it has been in a decade. Consumers are saving hundreds of millions of dollars at the pump in comparison to last year. New Mexico Albuquerque area terminals have fairly …

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 …