Bunker Market this evening 26th April!
Oil Future close tonight was pretty high. The rally ended up 2.8 pct for the Brent and up 3.3 pct the WTI. Very much because of the rally in the Gasoline market, and a weakening USD.
The refinery margins are getteing higher which means refiners will produce more of the high end products and more crude oil will be used. It is a positive sign that the present price level for crude oil will hold longer than expected.
For tomorrow start expect bunker prices will continue its upward trend in nice numbers.