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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
The early release of Chinese oil product export quotas is likely to see a response in gasoline first according to Vortexa with export economics for May loading diesel and jet less supportive.
- Chinese gasoline exports are expected to remain elevated in May, with around 280kbd exported over May 1-13. Singapore 92R gasoline cracks rose to a 9-month high since late March.
- Overall Chinese clean product exports are on the decline in May against bearish cracks.
- China’s second batch of oil product export quotas last week amounted to 9mt combined.
source: Vortexa
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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