Crude Futures Remain Soft

by Mohammed Marzuq, KPI Bridge Oil
Thursday December 17, 2015

Crude futures remained on the soft side today following yesterdays EIA data and a firm U.S. dollar.

Brent contracts for February delivery cooled 1.7% since yesterdays close settling at $37.06 per barrel.

WTI front month contracts reached 7 year lows earlier in the day but finished at $34.95 per barrel.

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.

To contact the editor responsible for this story email us at editor@shipandbunker.com