Another Flat Day of Trading at the NYMEX

by George Belekos, KPI Bridge Oil
Tuesday May 20, 2014

Another flat day of trading at the NYMEX left traders and buyers wondering if today was a good day to buy.

US equities slipped as the talking heads painted a picture for a big correction on Wall Street.

US inventory data will be released tomorrow and should give the market some character in the late morning.

Bunker buyers beware, we are heading toward a holiday weekend in the United States where typically lower volume trading firms bunker prices.

If you have something pending for this week, see where the inventory stats come in and then make a move before suppliers start quoting you from their lawn chairs beside the family barbeque.

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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