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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.
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Free AccessGasoil Unchanged Despite French Strikes
European Gasoil holding steady near previous close levels despite the recent disruption to French refineries due to industrial action.
- Striking workers at Total’s Feyzin site voted to halt production but Total confirmed the refinery will not halt output. Fuel deliveries at Exxon Mobil unit Esso’s Fos-Sur-Mer refinery remained blocked on Thursday due to ongoing strike action but operations at Port Jerome had returned to normal.
- Diesel markets have trended lower over the last week due to weak demand, stronger than expected Russian product output and building inventories. The prompt Gasoil spread is down from a peak of 12.25$/mt on 2 March.
- Gasoil MAR 23 up 0% at 809.25$/mt
- Gasoil MAR 23-APR 23 down -0.5$/mt at 4.75$/mt
- Gasoil JUN 23-DEC 23 down -0.75$/mt at 24.75$/mt
- Gasoil DEC 23-DEC 24 down -1$/mt at 36$/mt
To read the full story
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Please enter your details below.
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.