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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
Diesel imports into Europe climbed to a four-month high so far in May amid more flows from the Middle East and the US according to Vortexa data.
- Total arrivals of diesel and gasoil are expected to surge to a four-month high of about 1.25mbpd in May, in line with average shipments during 2022, but up year on year.
- Flows from Saudi Arabia are expected to reach a new high of 324kbpd and US shipments are on track to reach the highest level since August 2020.
- US shippers have been rerouting exports to avoid congestion at the Panama Canal this month. Kpler data suggested US diesel flows to Europe almost doubled on the month to 296kbpd so far this month.
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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