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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
China exported 840,000 tonnes of gasoline in May according to General Administration of Customs data released on Saturday, down from 1.55 million tonnes in May 2021 and 980,000 tonnes in April.
- Diesel exports slumped to 120,000 tonnes, down from 1.68 million tonnes in May 2021 and from 530,000 tonnes the previous month.
- Jet fuel exports rose to 810,000 tonnes in May, up from 570,000 tonnes a year earlier but down from 960,000 tonnes in April.
- Beijing has slashed export quotas to curb excessive domestic refining production but has eased them somewhat as domestic stockpiles surge against the backdrop of weak domestic demand.
Product exports in million tonnes, customs data.
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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