Crude and Bunker Daily price analysis as on 12th August, 2025.
Crude price analysis
Brent Oil futures prices for Sep delivery are moving at $66.79 a barrel on London based ICE Futures Europe exchange while WTI oil August futures are trading at $64.09 a barrel on NYMEX during early hours of Asian trade. Both the benchmarks closed flat last night. Upcoming U.S – Russia talks are in focus on Fundamentals side. Speculators left the crude F&O markets last week. Money managers reduced their net length in both the benchmarks Futures and Options. Turning to data, Monthly OMR due today and tomorrow. API estimations are awaited followed by eia confirmations. Technicals indicators signalled Brent mild bullish while calls for strong WTI ‘buy’ where as MCX crude expected to move neutral and mild bias.
Bunker Markets
Fuel oil prices in Asia at Singapore trading window moved down yesterday. HSFO 380 cSt prices went down. FO and LDO retail selling prices are expected to go up in India on 16th August, 2025.
