Bunkers Steady as Crude Futures Make Mixed Movements

by Mohammed Marzuq, KPI Bridge Oil
Tuesday June 16, 2015

Crude futures were mixed today as Brent fell and WTI firmed.

The U.S gulf is experiencing imminent weather which helped raise WTI July contracts.

The NYMEX market rose $0.45 cents per barrel settling at $59.97.

Brent contracts for August started the day firming and reached levels $64.41 but softened $0.20 cents per barrel settling at $63.70 by the end of the trading day.

Bunkers were mostly steady today in the primary ports.

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.

To contact the editor responsible for this story email us at editor@shipandbunker.com