-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessGasoline and Diesel Spreads Steady Despite Crude Volatility
Gasoline and diesel crack spreads remain largely unchanged on the day despite the decline and volatility in crude futures due to wider economic market concerns.
- The gasoline market eased back slightly last week on future demand concerns but spreads are still supported by the US demand recovery seen in the last couple of months. GasBuddy data showed a slight rise this week and is up from 7.54mbpd in late December to 8.39mbpd. EIA data last week showed a showed a dip on the week but the four week average held just slightly up from the previous week at 8.71mbpd and still near the five year average.
- Low gasoline inventory levels in US, a strong US refinery maintenance season and the switch to summer grade gasoline have all added to the price support.
- Diesel spreads are recovering from a decline early last week with support from an expected drop in diesel shipments from Asia due to recovering domestic demand in China.
- Loadings of clean fuels from Asia to the Americas for March rose by 95k tons from the previous week to 400k tons according to Bloomberg data.
- Brent MAY 23 down -1.3% at 81.72$/bbl
- WTI APR 23 down -1.4% at 75.62$/bbl
- US 321 crack down -0.1$/bbl at 36.14$/bbl
- US gasoline crack down -0.1$/bbl at 34.2$/bbl
- US ULSD crack down -0.1$/bbl at 40.03$/bbl
- EU Gasoline-Brent down -0.4$/bbl at 16.93$/bbl
- EU Gasoil-Brent up 0.3$/bbl at 24.21$/bbl
To read the full story
Sign up now for free trial access to this content.
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.