Crude futures remained soft today pressured by continual oversupply and unseasonably warm weather for this time of year.
Brent contracts for February delivery settled down $0.53 per barrel since last close after teetering just a few cents above 2004 lows.
WTI front month contracts, which expired this afternoon saw some down side pressure as well, but settled flat relative to last sessions close at $34.74 per barrel.
Bunkers remained soft today in the primary ports.
