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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
Looking at Atlantic Basin net-exports of crude, seasonality is set to play a crucial role in the months ahead. Crude net exports are trending downward based on Vortexa figures, but levels remain well above the historical average and year ago levels.
- With an economic slowdown underway, Chinese crude imports remain the key swing factor.
- A general slowdown in oil products, recessionary fears, and an oversupplied market since Q4 2022 make the current levels of exports seem more and more unlikely for the second half of 2023.
source: Vortexa
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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