Crude Falls Even Further

by Tim Bonett, KPI Bridge Oil
Wednesday July 9, 2014

Crude fell even further today as the market realized that the 4th of July holiday was not the gas guzzling weekend that most had anticipated.

The EIA reported weekly US gasoline stockpiles rose though analysts were expecting a decline due to the demand of a busy holiday weekend.

As it turned out, Hurricane Arthur spoiled not only weekend plans on the East Coast but also investor profit seeking plans today.

While the market digests the current supply situation we urge bunker buyers take advantage while there is still time!

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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