Fuel Supply Notice (Thursday, September 13): Terminals throughout the Carolinas have begun shutting down, and delivery options are more and more scarce. Our supply and logistics teams are working around the clock to deliver every gallon that is available, and have deployed trucks from other World Fuel Services regions to assist with deliveries once it is safe for them do so. Read more
Fuel Supply Notice (Wednesday, September 12): Hurricane Florence continues to move toward the Carolinas and catastrophic conditions are still expected for much of the Southeast. Mandatory evacuations throughout the region have spiked demand for fuel in North Carolina, South Carolina, and Virginia causing significant strain on the fuel supply chain. Read more
Severe Weather Preparation: As Hurricane Florence tracks toward the Southeastern United States, it is important to have plans in place for securing the safety of your retail property, your customers and your team. Read more
Hurricane Florence is projected to be a major hurricane with life-threatening impacts to coastal and inland communities on the Southeast U.S. Potential storm-related impacts include massive storm surges, localized flooding, sustained rainfall, hurricane-force winds, and power outage events. (Tips from Disaster Planning for Petroleum Storage Facilities document forwarded by NC Petroleum and Convenience Marketers) Read more
PAPCO | World Fuel Services thoughts remain with those most affected by the devastation of Hurricane Harvey and its aftermath, as refinery and pipeline shut downs continue to challenge fuel supply situations across the Eastern United States. Read more
Overnight Wednesday and into Thursday morning the energy market was weaker, as participants took a break from Wednesday's torrid pace. However, despite some seeing the OPEC news as a non-event, during U.S. market hours on Thursday, prices were pulled higher again.
PLUS: Hurricane Matthew in the Caribbean escalated to a Category 2 Hurricane with maximum sustained winds of 100 mph at 2:00am this morning. Read more