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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL PRODUCTS
Bunker demand at African ports is being supported by mainly containerships diverting around the Cape of Good Hope because of Red Sea Houthi attacks since mid-December according to Lloyds List reporting.
- Bunker supply availability in some African locations could be diminished in the coming months if widespread diversions persist according to bunker supplier Monjasa.
- “Overall availability and supply logistics are surely being tested right now in Africa, however, at present all fuel grades can be arranged with a sufficient notice,” a Monjasa trader said.
- See Engine chart for bunker price support, particularly noted for Lome.
Source: Engine
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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