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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 PRODUCTS
European seaborne diesel imports are arriving at a near record pace ahead of the Russian oil product ban February 5.
- In the first 10 days of this month, the UK and European Union imported more than 16 million barrels of diesel-type fuel via ship — a rate that, if continued, would make December’s total the second-highest since at least the start of 2016 according to Vortexa.
- Close to half of December’s diesel imports so far — about the same ratio as November’s — came from Russian shipping facilities.
- It remains to be seen whether early December’s high level of diesel imports will be maintained. Forward-looking data from Vortexa currently puts average arrivals for Dec. 1-15 at about 1.8 million barrels a day
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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