Welcome to the Fuel Matters Blog

A resource to help you buy and manage fuel better

Mike Dombroski

Mike Dombroski

I enjoy helping our customers understand the commodity markets and pricing solutions we can offer to best fit their business. My supply and trading experience in gasoline and distillate products allow me to provide a comprehensive view of our industry to make our customers feel comfortable with their fuel-related decisions.

How Long Will the Major Refineries be Closed?

By: Mike Dombroski / Posted on: February 19, 2021

After the historically low temperatures across the south this week, it may take weeks for some of the largest refineries in the country to get back up to full production.

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Oil Prices Have Consolidated, Now What?

By: Mike Dombroski / Posted on: January 26, 2021

When news of how potentially devastating COVID-19 could be started spreading in February 2020, oil prices were at $53/barrel. This was prior to the OPEC+ price war between Russia and Saudi Arabia that occurred in March and resulted in Saudi Arabia drastically increasing oil production after Russia refused to reduce output. We all know that COVID-19 and the OPEC+ price war eventually ended up attributing to NYMEX crude oil prices trading negatively in April, but here we are back at $52.60/barrel at writing. Now what?

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Have Crude Prices Risen too Far too Fast?

By: Mike Dombroski / Posted on: December 29, 2020

Oil prices are edging slightly higher today on very light holiday trading volume, but the question is: have prices risen too far too fast?

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Buy the Rumor, Sell the Fact?

By: Mike Dombroski / Posted on: November 30, 2020

As expected, it appears the OPEC+ group (includes Russia) will delay its forecasted January oil production hike by 3 months, according to sources who’ve spoken with Algeria’s energy minister Abdelmadjid Attar. This is contingent upon agreement at tomorrow’s meeting. No official announcement has been made. Currently January WTI futures are trading lower by $0.81 to $44.72/barrel as a classic “buy the rumor, sell the fact” scenario may be playing out.

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Bevy of Bullish News Sends Oil Prices Higher

By: Mike Dombroski / Posted on: October 5, 2020

The oil complex is trading much higher this morning due to a flurry of bullish headlines: increased chances of a federal stimulus package, weaker dollar, oil strikes in Norway, and the development of Tropical Storm Delta.

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