Crude Bears Back in Full Force

by George Belekos, KPI Bridge Oil
Tuesday March 29, 2016

The energy complex softened today as the Fed dampened hopes with an increased volatility outlook for the US economy and Iran saying that they may not cut production output.

The rally for WTI and Brent crude oil seems to be disappearing, leaving the bears to come back in full force to anchor down pricing.

We expect this trip to be volatile, but with mostly cheaper prices ahead.

Bunker buyers can put their feet up and welcome it with the beautiful Spring weather.

Bunkers were 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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