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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
China’s Sinopec, PetroChina Co. and CNOOC Ltd. are increasing Russian crude purchases and will continue in the coming months according to Bloomberg sources.
- Shipments of Urals from Russia’s western ports have increased as well as ESPO from pacific terminals.
- Up until now private refiners have been increasing Russian crude purchases but state owned refiners have remained more cautious.
- Oil imports from Russian to China could increase by 500kbpd to 2.2mbpd this year and maybe even to 2.5mbpd if reserves are restocked according to Energy Aspects.
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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