Free Trial
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.
OIL PRODUCTS
Russian ultra-low-sulphur diesel (ULSD) shipments to Brazil reached a record high in February – as Russia attempts to find new longer term markets for its sanctioned barrels post Feb EU 5 ban.
- Brazil typically pulls in its diesel imports from the nearby US Gulf, while flows from Russia have been a rarity in the past.
- Vortexa vessel tracking data has seen 1.6MMbbl of ULSD imported since Oct 22 with a higher volume of cargoes currently in transit, totalling another 2MMbbl to arrive in the next month.
- See red line for increasing percentage of Russian volumes making their way into Brazilian imports.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok