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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
Brent and WTI reverse earlier gains as markets swing on high demand and supply uncertainty and low liquidity.
- Both Brent and WTI open interest is holding steady at very low levels with Brent having fallen by 33% and WTI by 49% since a peak in early 2021.
- Brent NOV 22 down -0.9% at 88.52$/bbl
- WTI NOV 22 down -1.1% at 81.23$/bbl
- Gasoil OCT 22 down -0.2% at 1006.75$/mt
- WTI-Brent down -0.03$/bbl at -7.21$/bbl
- Brent NOV 22-DEC 22 up 0.07$/bbl at 1.34$/bbl
- Brent DEC 22-JAN 23 up 0.05$/bbl at 1.82$/bbl
- Brent DEC 22-DEC 23 up 0.23$/bbl at 10.97$/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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