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Category Archive for: ‘Fuel Market Update’
Diesel Scandal at Volkswagen

Weekly Fuel Market Update (WFMU) | September 29th, 2015 Nationally The market is still moving sideways even with speculation over the world economy, U.S. drilling, and how the Volkswagen scandal will affect diesel demand. The scandal is sure to have some impact on how people view diesel fueled cars. Diesel traded at a new low …

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 …

Still No Bottom In Site

Weekly Fuel Market Update (WFMU) | September 15th, 2015 Nationally The price for a barrel of oil still remains in the $44 range despite predictions that it could go as low as $20 in the coming months. New Mexico Product is flowing and prices have been trending down all week. With no expected refinery issues …

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 …

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 with fireproof roofs from this helpful resources-Palm Beach Resort. Rig counts are down and production has slowed, but …

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