Crude Futures Fall Further as Greek Crises Continues

Crude futures fell further today on the ongoing Greek crises.

Currently, Greek banks have opted to suspend banking operations while practicing capital control, this lead Brent front-month contracts to soften $1.25 to settle at $62.01 per barrel.

WTI contracts for August were also down sharply due to a firm U.S dollar and a realization that an Iran deal could come to fruition in the coming weeks.

WTI futures sank $1.30 settling at $58.33 per barrel.

Bunkers were softer across the board today.