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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 turning to non-Russian supply diesel according to Vortexa as the import ban draws closer.
- Looking at data from Sept. 1-11, Europe is projected to import 1.65mn bpd of diesel, up from 1.46 mn bpd last month - the highest since August 2019.
- It also showed diesel imports from Russia accounted for 44% of the total so far in September, down from 51% in the whole of August and 60% in July.
- Instead, Europe has turned to the Middle East for diesel. Imports from the Middle East for the whole of September are set to rise about 50% from August to 500,000 bpd, their highest since May 2018.
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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