Crude Prices Make Small Gains

by Tim Bonett, KPI Bridge Oil
Tuesday April 25, 2017

It was another day of choppy trading but the market is anticipating support from tomorrow's inventory report.

This was the first positive day in six trading sessions as analysts are expecting a 1.6 million barrel draw of crude inventories.

Tomorrow's direction may depend heavily on which side of that number the EIA report figure lands.

Bunker prices were mostly stable in the primary ports.

WTI June $49.56/BBL UP $0.33/BBL
Brent June $52.10/BBL UP $0.50/BBL

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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