Energy Prices Stabilise

by George Belekos, KPI Bridge Oil
Thursday July 10, 2014

Energy prices stabilized today and dare we say have finally reached a bottom.

Bunker buyers beware, crude prices erased downward pressure as NYMEX traders are starting to turn the tide on the recent softness in the fuel complex.

Now is the time to buy if you have been holding a ship out to see if the market would continue to tumble.

The conflict between Israel and Palestine continues and it is unclear what future impact it might have on bunker prices.

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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