Despite an unanticipated rise in gasoline and distillates, crude continued to ascend today as the market seems to be rebalancing a bit quicker than expected.
Prompting todays climb was a larger decrease in crude supplies and better economic data out of China while the supply situation in Nigeria remains delicate.
The bulls are out in force as the look towards a long rebalancing act in 2016.
Bunker prices remain firm in the primary ports.
