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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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Free AccessAmericas Daily Oil Summary: TMX Completion in May
The Trans Mountain Pipeline Expansion will be complete by the end of May, with the first waterborne exports from the expanded system starting a month later according to Danielle Smith, the Premier of Alberta said on Tuesday according to Reuters.
- US oil production will grow to exceed 14m b/d and then plateau, ConocoPhillips CEO said Mach 19, cited by Reuters.
- GUNVOR SEES 2024 US CRUDE OUTPUT RISING BY MORE THAN 400K B/D - bbg
- CHEVRON ON TRACK FOR 1M BOE/D PERMIAN PRODUCTION BY 2025: CEO -bbg
- TotalEnergies were raising production on its CDU, coker and FCC at its 238,000 bpd Port Arthur, Texas refinery on Monday according to Reuters sources.
- Mexico’s President Andre Manuel Lopez Obrador said his nation will continue to support state oil producer Pemex.
- USD: Although off it’s session highs, the USD index has extended the recovery that began late last week, rising 0.26% at typing, and looking set to extend its streak of consecutive winning days to 4. Greenback strength has been driven on Tuesday by a strong USDJPY rally in the aftermath of the BOJ decision. USDJPY is currently up 1.17% and stands at fresh four-month highs around 150.90.
- White House Press Secretary Karine Jean-Pierre has told reporters that a senior US interagency team composed of military, intelligence, and humanitarian officials will hold a meeting with Israeli counterparts in Washington "early next week" to discuss an upcoming Israeli military operation in Rafah.
To read the full story
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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.