- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessCrude and Cracks Edge Up Post EIA Inventory Data
Crude markets edged up after the EIA data release for the week ending 11 August showed higher than expected crude stock draws. Diesel and gasoline cracks trended higher post data amid lower distillates and gasoline output.
- Crude inventories drew larger than expected driven by a week on week increase in exports. Total exports rose by 1.684mbbl. Padd 3 crude stocks showed the largest draw by 4.931mnbbl. The oil adjustment figure was largely unchanged on the week after recent weekly changes.
- Gasoline production fell by 336kbbl to 9.585mnbbl in the week ending 11 Aug, while distillates output declined by 182kbbl to 4.729mnbbl. Distillate stocks showed a build of 296kbbl last week compared with expectations of a draw 780kbbl.
- Brent OCT 23 down -0.2% at 84.75$/bbl
- WTI SEP 23 down -0.2% at 80.8$/bbl
- Gasoil SEP 23 down -0.3% at 880$/mt
- US gasoline crack up 0.5$/bbl at 39.09$/bbl
- US ULSD crack down -0.6$/bbl at 45.79$/bbl
- EU Gasoline-Brent up 0.9$/bbl at 26.96$/bbl
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
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.