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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
Oil markets steady ahead of the EIA oil inventory data later this afternoon
- Gasoline and diesel spreads are little changed after steadily falling over the last three weeks. The potential for a US recession and the impact of high prices on demand have driven prices down from record levels.
- Brent SEP 22 up 0.9% at 101.59$/bbl
- WTI AUG 22 up 1% at 99.48$/bbl
- WTI-Brent down -0.22$/bbl at -5.77$/bbl
- US 321 crack down -0.4$/bbl at 39.79$/bbl
- US gasoline crack up 0.5$/bbl at 37.77$/bbl
- US ULSD crack down -2.1$/bbl at 43.82$/bbl
- Brent FCC margin down -1.1$/bbl at 13.14$/bbl
- Gasoline-Brent up 0.9$/bbl at 30.85$/bbl
- Gasoil-Brent down -1$/bbl at 31.48$/bbl
Source: Bloomberg
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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