Bunkers Starting with a "2" Now Firmly in Place

by Tim Bonett, KPI Bridge Oil
Monday January 5, 2015

Happy New Year!  A new trading day had oil prices continuing their decline which is good news for bunker buyers as both benchmarks were down over 5%! 

Bunkers starting with a "2" is now firmly in place.  While we think it extremely unlikely for them to start with a "1" again we can hope that it happens during the next year. 

Avails of 0.1% ECA friendly MGO seem to be in order once again with suppliers ready to supply it in many locations around the world. 

Buyers should keep any eye on the market as we maybe approaching the bottom soon.

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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