Geo-politics Push Oil Prices Higher, Despite Weak Demand

by Marisa McGuire, KPI Bridge Oil
Thursday August 7, 2014

As the nations stand on the sidelines and allow tyrants around the world to have their way with their neighbors and countrymen, oil prices continue to climb. 

It appears that despite weak demand and plentiful supply geo-politics and general global bullying will push prices higher. 

It seems that the world is working its way through a well armed mine field and with one misstep something terrible is going to happen. 

Let's hope for everyone's sake our collective has a good map, a plan and can reach the other side of the field in tact. 

Until then, prepare for more of the same, quick escalations in oil prices, followed by long slow declines.  Bunker prices are higher today.

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