Crude Down as Dollar Strengthens

by George Belekos, KPI Bridge Oil
Thursday September 18, 2014

The strength of the dollar continues to keep an increase in oil prices at bay as both WTI and Brent declined today. 

Expectations seem to be that the economies of the world are once again lagging and demand is not what it should be. 

Increases in supplies of crude and refined products also continues world wide further dragging down the complex. 

Bunker buyers should "fill 'er up" while prices are at levels we have not seen in sometime.

About KPI Bridge Oil

KPI Bridge Oil is one of the world's leading international bunker broking and trading firms. With a network of offices that covers every major time zone, we have an in-depth knowledge of ports and bunker markets around the world. Our access to real-time market information and long-established credit lines with suppliers means we use our buying power in the right place and at the right time. All this ensures our customers enjoy competitive prices - and on favourable terms.

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