Brent Futures Continue to Fall

by Mohammed Marzuq, KPI Bridge Oil
Monday December 21, 2015

Crude futures remained soft today pressured by continual oversupply and unseasonably warm weather for this time of year.

Brent contracts for February delivery settled down $0.53 per barrel since last close after teetering just a few cents above 2004 lows.

WTI front month contracts, which expired this afternoon saw some down side pressure as well, but settled flat relative to last sessions close at $34.74 per barrel.

Bunkers remained soft 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.

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