Bunker, Crude Prices End the Day Soft After Early Gains

by Mohammed Marzuq, KPI Bridge Oil
Thursday October 1, 2015

Bunker prices jumped at the start of the days trading only to finish a bit on the softer side.

The US National Weather Service downgraded the possibility that Hurricane Joaquin would impact oil & gas infrastructure along the US East coast.

This news, coupled with friendly overtures between US and Russian militaries in Syria, pushed Brent crude oil prices down in the PM hour of trading.

Customers with ships trading in the US East Coast should continue to monitor the Hurricane, now a category 3 storm.

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