Weekly Fuel Market Update (WFMU) | December 15th, 2015
Sanctions have recently been lifted from Iran that previously prevented them from selling oil. Undoubtedly the lifting of these sanctions will increase supply in an already oversupplied world market, and are expected to lead to further plummeting of the already record low prices.
Supply is steady with no foreseen hiccups between now and the end of the year. Prices are consistently following the volatility of the national trends.
Product is in good supply with Lubbock and Amarillo bottoming prices in the region. Ample supply is available as we have recently received product coming out of the Big Springs terminal. Call today and begin getting quoted out of this region.
No significant update in this region this week.
Questions? We’re here to answer any market questions you may have. As always, you can reach me 24/7/365 at (888) 750-FUEL (3835)