Crude futures were firm through out the day following yesterdays rally on news that Iran would support a production freeze.

Both Brent and WTI front month contracts surged after API analysis indicated a draw of 3.3 million barrels.

Once official EIA data confirmed that U.S crude inventories incurred a build of 2 million barrels, crude prices were quickly reversed.

Brent contracts for April delivery settled down $0.22 cents while WTI March contracts settled up $0.10 cents per barrel.

Bunker prices were mixed today in the primary ports but the overall consensus of the bunker market has been trending upward.