Mixed Movements for Crude Futures

by Mohammed Marzuq, KPI Bridge Oil
Thursday July 16, 2015

Crude futures were mixed today as Brent firmed while WTI sank.

The ICE market firmed $0.46 cents due to a power outage, which closed the UK’s largest oil field, and yesterdays EIA data stating there were some significant draws in US inventories last week.

WTI futures for August delivery fell $0.50 cents following it’s recent trend. 

Bunkers were steady today 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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