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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
Europe’s crude imports are leaning more sweet now that sour Russian barrels are largely sanctioned other than exceptional cases according to Vortexa.
- Sweet crude accounted for 52% of European imports as of February 2023, the highest proportion recorded according to Vortexa data and a 10 percentage-point increase y-o-y. Sour barrels accounted for 46% - having ranged from about 50-60% in the last few years.
- Europe’s crude/condensate imports declined 500kbd m-o-m in March (days 1-14), as imports from the US declined from their record-levels observed in recent months.
source: Vortexa
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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