Energy Complex Continues to Spiral Downward

by Tim Bonett, KPI Bridge Oil
Tuesday January 13, 2015

The energy complex continues to spiral downward and some global leaders have voiced concern over possible deflationary tendencies, given market conditions.

As one of my colleagues said earlier today, “call the whambulance,” if anyone deserves cheap oil prices, it’s ship owners.

The 4th fiscal quarter is now off in the distance, and it will be interesting to see how public energy and shipping companies did in this soft bunker market, over the past few months.

We shall wait and see…bunkers continue to move downward in the primary ports.