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Oil market opened bearish with crude oil values shrugging off its last gains and pushing towards USD 77/bbl, as investors reacted on the API’s estimates of a rise in US inventories as well as defaulting consumers’ confidence, which echoes negatively on energy demand perspectives.

In Singapore, marine demand moved below average, as buyers seem to hold back on first signs of improvement, waiting for a more favorable timing.

In Yuzhny, one player is currently out of stock for both IFO and MGO until further notice.

In Kiel, one supplier advised fully committed barge schedule until the 4th August according to latest update.

In Kali Limenes, earliest delivery supply is presently given for the 30th onwards as per current barge schedules in the area.