Brent Falls Under $34/bbl After a Volatile Day for Crude

by Mohammed Marzuq, KPI Bridge Oil
Thursday January 7, 2016

Crude futures saw heavy volatility in today's trading but ended down, despite investors short coverings and panic buying to keep prices above water.

Chinese economic data has been a dominant factor these past few days, driving down the commodities markets, while also doing much damage to stocks.

Bunker prices were mixed today as suppliers were trying to mark to market with respect to volatile swings in crude levels.

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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