Crude Trades Flat on Mixed Economic Indicators

by George Belekos, KPI Bridge Oil
Tuesday October 28, 2014

WTI and Brent crude oil prices were mostly flat during the days trading.

A mixed bag of economic factors had the energy complex make modest moves in either direction before settling.

Energy inventories will be released tomorrow morning, and should give the market some direction for the remainder of the week.

Bunker buyers should continue to watch for news from OPEC countries regarding the potential cut of supply output.

This is the near term news item that has the potential to spike bunker prices.

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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