IMO 2020 to Cause Market Chaos: Verleger

After a downward hiccup yesterday morning, oil prices regained most of their losses by closing time. Today prices are rapidly pushing higher, once more above $60/bbl. WTI Crude is currently trading at $60.18, up 88 cents (1.5%). Fuel prices are up as well, though with weaker gains. Diesel prices are currently $1.9760, up 0.4 cents […]

US-China Trade Shows Progress

Oil turned lower yesterday following the EIA’s report, with losses continuing this morning. Prices saw sharp declines earlier in the day before bouncing a bit higher, though overall prices remain lower relative to yesterday’s close. Crude oil is currently trading at $58.86, down 55 cents from Wednesday’s close. Fuel prices both declined as well yesterday, […]

Natural Gas News – March 28, 2019

Natural Gas News – March 28, 2019 Denmark Wants a New Route for Nord Stream 2 Gas Pipeline Bloomberg reported: A controversial natural gas pipeline from Russia to Germany may be delayed after Denmark asked the company behind the link to investigate an alternative route. Denmark’s Energy Agency, which is carrying out an assessment on […]

Houston Channel Shutdown Distorts Inventory Data

While oil has made a run above $60/bbl several times recently during intra-day trading, the product has yet to maintain that level heading into the close. Yesterday saw WTI close just pennies short of the $60/bbl threshold. This morning, crude oil is trading at $60.12, 18 cents above yesterday’s close. Fuel prices are mixed, with […]

Mid-Week Review

Oil’s Ascent: The Ride Is Only Beginning Oil prices have been volatile, but have generally been on the rise in recent months.  Latest figures suggest we might already be experiencing a deficit in the market, but that deficit is about to explode.  Market bulls should be very comfortable regarding recent trends because it points to […]

Natural Gas News – March 27, 2019

Natural Gas News – March 27, 2019 Commodity Traders Turn to LNG as Big Oil Profits Prove Elusive Bloomberg reported: With margins narrowing in the crude oil business, some of the world’s biggest commodity trading houses are helping to reshape the energy industry with a drive into liquefied natural gas. Gunvor Group Ltd., Trafigura Group […]

Houston Ship Channel Reopens

Oil is trading sharply higher this morning thanks to strengthening equity markets, particularly in Asian markets. Crude is currently trading at $60.05, up $1.23 (2.1%) since yesterday’s close. Fuel prices are also getting a boost, especially gasoline. In fact, gasoline and diesel prices are trading within just a few cents of each other, a far […]

Natural Gas News – March 26, 2019

Natural Gas News – March 26, 2019 EIA: Power Sector Pushed Domestic U.S. Natural Gas Consumption To New Record In 2018 World Oil reported: U.S. natural gas consumption increased by 10% in 2018, reaching a record high of 82.1 Bcfd, according to EIA’s recently released Natural Gas Monthly. Domestic consumption of natural gas increased across […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

Sign up for FUELSNews for daily market information and insights
Sign Me Up
Give Us a Call Today

We are happy to discuss your business challenges over the phone and answer any questions.


Send Us an Email

Ask your toughest questions. We'll get back to you with the best answer humanly possible.

Send Email

Find a Mansfield Location

Need to contact a specfic office? View contact information for offices across the country.

View Locations

Get a Quote Today

Let us know what type of fuel or service you need and a team member will get a quote to you quickly.

Get a Quote