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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
Flagship Urals crude delivered to India seen priced well above price cap according to Argus pricing data.
- The delivered price of the grade to India’s west coast — including shipping costs — was more than $73 a barrel as of April 6.
- The recent price spike in oil was initially driven by falling Kurdish supplies which remain disrupted before OPEC+ voluntary cuts sent prices surging.
- Buoyant Russian volumes on the market have kept a lid on crude benchmarks this year, with little sign of 500,000 bpd production cuts filtering through to flows yet on a sustained basis.
source: Argus Media
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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