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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 PRODUCTS
CDU capacity utilisation rates at China’s state-owned refineries are expected to rise in the week to Aug. 1 according to OilChem, as Dalian Xitai completed its maintenance.
- Among independent refineries in China’s Shandong province, CDU capacity utilisation rates are estimated to fall as some refineries are scale down production amid feedstock supply issues and poor profits.
- CDU capacity utilisation rates at domestic refineries in China averaged 68.29% last week, down 0.02 percentage points on the previous seven-day period.
- China’s gasoline demand is projected to remain largely unchanged as summer travel peaks, but downstream players continue purchasing.
- Gasoil demand is projected to stay low during the seasonal low.
Source: 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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