Weekly Fuel Market Update (WFMU) | June 17th, 2015
A major tropical storm is slowing down and disrupting deliveries in the South, reaching into Oklahoma today. Diesel and gasoline are both trading up. This morning diesel is holding up at around .045 cents per gallon.
Gas is in much better supply across the state. Prices in the Group 3 spot market and US Gulf Coast are following the national market and showing up about .07 cents per gallon since Monday.
Storms could cause some slowing of deliveries over the next few days. The Odessa Terminal was down for unexpected maintenance for a while last week and is now back online.
No significant update in this region.
Questions? I’m here to answer any market questions you may have. As always, you can reach me 24/7/365 at (888) 750-FUEL (3835)