Free Trial
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 PRODUCTS
Crack spreads trading higher after recovery in EIA implied demand.
- The 4 week gasoline supplied increased to the highest this year at 9.06mbpd in data release yesterday. The product supplied is now back above 2020 levels but still lags seasonal normal levels of 9.45mbpd.
- US gasoline retail prices have fallen back over the last couple of months from a peak of 5.02$/gal in June.
- US 321 crack up 0.1$/bbl at 45.11$/bbl
- US gasoline crack up 0.2$/bbl at 35.7$/bbl
- US ULSD crack up 0.1$/bbl at 63.91$/bbl
- Gasoline-Brent down -0.1$/bbl at 17.52$/bbl
- Gasoil-Brent down -0.1$/bbl at 46.8$/bbl
Source: MNI / EIA
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok