Oil Prices Mixed Thursday

by Tim Bonett, KPI Bridge Oil
Thursday September 7, 2017

Oil prices were mixed today as the US braces for Irma while recovering from Harvey.

The EIA reported a build of nearly 5 million barrels of crude last week as refineries were shut on the Gulf Coast.

Utilization rates also fell to the lowest since 2010 and the trend is expected to continue into next week.

The market seems to be awaiting Irma and the storms impact on oil.

Bunker prices were stable in the primary ports.

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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