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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
The average daily oil-processing rates at Russian refineries has fallen to the lowest since late May amid the peak seasonal downstream maintenance according to Bloomberg.
- Crude processed by refineries in the week to 20 Sep fell by nearly 100kbpd from the previous week to 5.2mbpd.
- Russian refinery runs have averaged 5.3mbpd so far in September with maintenance expected to continue for the next several weeks and peak offline capacity until mid-October.
- The government last week announced a temporary ban on nearly all diesel and gasoline exports from 21 Sep with no clear end date to help boost domestic supplies during the maintenance period.
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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