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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.
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Free AccessCrude Reverses Weekly Direction and Edges Higher Before EIA Data
Crude edging higher after falling all week on demand concerns and before the release of the updated petroleum inventory data later today.
- Crude inventories are expected to draw by -0.67mbbls and refinery utilization fall by 0.17% for the week ending September 2. Gasoline inventories are expected to draw by -1.85mbbls and distillates to fall by -0.1mbbls.
- Brent NOV 22 up 1.3% at 89.13$/bbl
- WTI OCT 22 up 1.9% at 83.48$/bbl
- WTI-Brent up 0.11$/bbl at -6.12$/bbl
- Brent NOV 22-DEC 22 up 0.15$/bbl at 0.94$/bbl
- Brent DEC 22-DEC 23 up 0.61$/bbl at 8.38$/bbl
To read the full story
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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.