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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
US gasoline and distillates demand edged higher last week, while the four-week demand figures show a small drop in gasoline demand and slightly larger drop in distillates demand, EIA data showed.
- Four-week gasoline demand edged down last week and remains slightly above 2022 levels as of 8 December at 8.503mbpd.
- Distillates demand on a four-week basis continued to trade lower and remains below last year’s levels at 3.663mbpd, down from 3.747mbpd.
- Including jet-fuels, combined demand was just 1% above 2022 levels and almost 1mbpd below the 2015-2019 average.
- US gasoline crack up 0.5$/bbl at 15.38$/bbl
- US ULSD crack up 0.4$/bbl at 37.3$/bbl
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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