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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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Singapore Market Commentary
Liow Liak Hong, Wired Bunkering Pte. Ltd.
22 Jan 2015 09:05 GMT





Wired Bunkering Pte. Ltd. logo. Morning Commentary

Crude futures for March contracts rebounded last night and settled higher. WTI Crude gained by USD1.31/BBL while ICE Brent climbed by USD1.04/BBL. Both values were showing a slight fall earlier.

In the paper market, fuel oil papers were pegged rather mixed with a dollar per MT of fluctuations while gasoil paper was talked firmer by USD0.25/BBL. Thus, the cargo trend may possibly be heading southward if crude sentiment were to stay weak. Meantime, our bunker indications remain unchanged for all grades.


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Company: Wired Bunkering Pte. Ltd.
Country: Singapore
Port: Singapore

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