Bunker Market this morning 9th March!
Oil prices are slightly higher this morning as support from falling U.S. production was countered by a strengthening U.S. dollar and concerns over slowing demand.
Also ongoing global production and storage overhang is still capping any potential for bigger price gains. But market is set for higher prices and will probably stay around the $40 a barrel level before edging upward again.
Oil Futures close last night Brent at $39.65(-1.19)prb, WTI $36.5(-1.4)prb,
MGO $359.75(+4.75)mton and Ulsd $369.43(-6.93)mton.
Expect bunker prices to decline fuel oil by 5-6 usd/mton and MGO/Ulsd irregular.
Go to: www.mabux.com and enjoy 2 weeks free trial, with complete Oil Future live. Oil Future is the base for all physical price settings.
We have Oil Futures live Real-Time for only 100 EUR/month and Delayed 10 min included in your total subscription 1470 EUR/year.