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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.
OIL PRODUCTS
Diesel inventories in China increased by 1.6% w/w to 17.03m tons in the week to 24 Aug according to OilChem data. Inventories are now the highest level since July 2022.
- China’s gasoline stockpiles rose to the highest level in eight weeks by 0.8% w/w to 13.08m tons.
- China’s state-owned refineries kept runs unchanged at 81.72% of capacity and still at the highest level since November 2021 according to Bloomberg based on OilChem data.
- Teapots in Shandong province cut runs to the lowest level since July 21 by 0.87 ppt to 61.9%.
Source: Bloomberg / OilChem
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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