Crude Starts the Week Lower

by Tim Bonett, KPI Bridge Oil
Monday July 25, 2016

Crude benchmarks slipped lower today as the market caught wind of the potential for a build in crude stockpiles this week.

A strong dollar added to the pressure prices were met with today and some analysts are calling for WTI to head below $40/bbl as supplies build and demand wavers.

Bunker prices were softer in the primary ports.