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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
European Gasoil stocks resume the trend higher after a small, unexpected decline the previous week. Stock levels have been gradually increasing since early Dec ahead of the EU ban on Russian products at the weekend.
- Gasoil inventories in Europe’s ARA region increased by +132k tons to 2,316m tons according to the latest Insights Global data. ARA Gasoil stocks are now just 4.5% below the five-year average for this time of year. Gasoline stocks showed a small decline but remain above the five year range at 1.405m tons.
- Gasoil: +132k mt to 2,316k mt
- Gasoline: -12k mt to 1,405k mt
- Fuel Oil: unchanged at 1,116k mt
- Jet Fuel: -20k mt to 797k mt
- Naphtha: -55k mt to 243k mt
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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