Crude prices opened on the strong side today but ended up much softer on worrying concerns in inventories coupled with weakening growth in the Far East.
Brent front month contracts saw highs over $50.00 but ultimately slipped $1.94 settling at $47.58 per barrel.
WTI contracts for October delivery softened $1.79 per barrel settling at $44.15.
Tomorrow's EIA data will ultimately be the driving force where crude futures will head, but the general consensus is that U.S. inventories will experience a build.
Bunkers were much softer today across the board.
