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Category Archive for: ‘Fuel Market Update’
Low Prices Helping Economy

Weekly Fuel Market Update (WFMU) | September 23rd, 2015 Nationally Demand for gasoline and diesel remains high because of the long run of low prices and high production of refined fuels. Refineries are making big margins and should keep production and output up until planned turnarounds at the beginning of next year. New Mexico Local …

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. …

Diesel Hits New Low

Weekly Fuel Market Update (WFMU) | July 29th, 2015 Nationally Diesel fell close to .09 cents per gallon in one week and hit a six-year low this week. We haven’t seen diesel prices this low since 2009. Prices rose slightly on Tuesday and Wednesday. New Mexico Gas and diesel supply continue to loosen up gradually …

Oil Glut Remains

Weekly Fuel Market Update (WFMU) | July 22nd, 2015 Nationally No matter how you look at it, the U.S. still on the high side when it comes to oil supply and is still an energy producing power-house. Rig counts are down and production has slowed, but fuel inventories won’t be driving prices up any time …