Another day, another decrease in oil prices.
Everything is pointing to no change in production by OPEC because this will lead to little change in production in competing areas like the United States.
At this point it is safe to say the price war is "on".
Bunker prices are continuing to decrease daily, which is good news to buyers globally.
George Belekos, Marine Fuel and Lubricant Trader, KPI Bridge Oil
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