Crude Markets in Flux as Ukraine Concerns Continue

by George Belekos, KPI Bridge Oil
Thursday May 15, 2014

Crude markets were in flux today as WTI retreated while Brent inched up.

Concerns still surround Ukraine as the country continues to try and remove separatists from the eastern most cities and China reported increased imports as they build strategic reserves.

The U.S. is still well supplied with crude and the market slip confirmed this sentiment.

On a broader level U.S. equities were lower today with DJIA sinking the most in a months time.

The markets lack positive indicators for growth and as a result investors are looking for safer investments.

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.

To contact the editor responsible for this story email us at editor@shipandbunker.com