Crude Continues to Make Gains

by Tim Bonett, KPI Bridge Oil
Thursday September 22, 2016

Yesterday's momentum carried on throughout today's trading session as benchmarks settled up 2%.

The dollar continued to fall while traders took short positions prior to next week's meetings in Algeria.

Oil prices may follow this trend up until an agreement is or is not reached with the impact to follow.

Bunker prices were still firming in the primary ports.

WTI November $46.32/BBL UP $0.98/BBL
Brent November $47.65/BBL UP $0.82/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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