Crude Prices Fall For a Fourth Straight Week

by Tim Bonett, KPI Bridge Oil
Monday December 22, 2014

Estimates of an excess of 2 million barrels a day continue to flood the market sending crude prices south for a fourth straight week.

Some are anticipating the market to be at the $50 level by New Years as Saudi Arabia's Oil Minister reconfirmed that market share remains the first priority.

Bunker buyers will be enjoying an extra special Christmas break if prices follow through!

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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