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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
Planned refined oil product exports from China are scheduled to be 2.73m mt in November, down 26% on October, according to OilChem citing shipping schedules.
- The main factor driving the fall is a reduction in planned exports of gasoline and gasoil due to a scarcity of export quotas, OilChem said.• The expectation is that there will be no further export quotas in 2023, OilChem said.
- Export profits are expected to be on a V-shaped trajectory: gasoline and gasoil profits are set to rise as production falls at refineries and supply is squeezed.
- Among state owned refiners, China’s refined oil production is expected to fall around 10% on the month to 23.9m mt.
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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