Weekly Fuel Market Update (WFMU) | July 15th, 2014
Heating Oil prices dropped over $.04 cents on the NYMEX today, down about $.024 cents since mid-June when escalating violence in Iraq reached it’s peak.
Diesel supply is very good in New Mexico as gas continues to remain tight. Refiners are still limiting gas to contract customers.
Lines are finally shorter at the Odessa Magellan terminal which has increased through put in Odessa / Midland. Desert Fuels has great supply and competitive pricing in these areas.
Desert Fuels has very good supply and competitive pricing in Amarillo, Lubbock, and El Paso where diesel and gasoline are in good supply.
No significant change in this region.
Colorado – Front Range
No significant update in this region.
Questions? We are here to answer any market questions you may have. As always, you can reach us 24/7/365 at (888) 750-FUEL (3835)