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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
Fujairah oil product stockpiles declined by 4.5% in the week to 29 January, driven by a 21% decline in jet fuel and other middle distillates inventories according to data from the Fujairah Oil Industry Zone.
- The total declined to 17.703mn barrels as of 29 January, the lowest in five weeks.
- Light distillates inventories fell by 1% to 6.662mn barrels, a two-week low.
- Middle distillates stocks declined to 2.157mn barrels, the lowest since 1 January.
- Heavy distillates inventories dropped by 3% to 8.884mn barrels, a three-week low.
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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