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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
Production of straight run low sulphur fuel oil from China’s refineries fell 8% on the month to 848k mt in November, according to OilChem.
- OilChem attributes the continued monthly declines in production to a lack of export quotas.
- China’s refineries have used nearly 92% of low sulphur fuel exports. Moreover, 93% of all SRFO produced has been exported, OilChem said.
- OilChem forecasts that the continued scarcity of export quotas will be the largest headwind for SRFO production, with volumes possibly falling as low as 700k mt in December.
Source: OilChem
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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