Brent Up on Ukraine - Russia Tensions

by George Belekos, KPI Bridge Oil
Monday April 14, 2014

Brent increased today as geopolitical risks and rising tensions escalated between Ukraine and Russia.

Western powers are contemplating implementing tougher sanctions against Russia and we can expect that any sanctions will cause Brent to spike.  

U.S. crude rose modestly after positive retail sales data signaled a rebound in the U.S economy and a potential climb for oil demand.

Bunker markets firmed throughout the day.

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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