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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
Europe is pulling in higher diesel volumes in September mainly due to increased shipments from India and Saudi Arabia.
- Arrivals in the European Union and the UK are likely to reach 1.1 million barrels a day this month according to Vortexa projections – 14% higher than August.
- September’s imports are however 276,0000 bpd short of September of last year when Russia was still Europe’s biggest direct supplier.
- Saudi Arabia led the surge in flows to Europe from the Middle East in September, shipping about 222,000 barrels a day, a three-month high.
- Arrivals from the US slumped to 128,000 barrels a day, the lowest since April. Flows from Turkey, a key buyer of Russian diesel, plunged to a three-month low of 114,000 barrels a day.
source: Bloomberg/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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