Crude Up Despite Starting the Day with Heavy Loses

by Marisa McGuire, KPI Bridge Oil
Thursday August 21, 2014

Optimism was the word of the day today as investors moved the market up mid-morning despite being down heavily to start the day. 

All of a sudden the world economies look good and demand is returning to the oil markets. 

Once again we think this is premature, but the chart traders move the markets with their cheap money. 

They need volatility for returns and will do everything they can to create it. 

Bunker prices moved up by the end of the day.

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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