MNI BRIEF: China To Step Up Macroeconomic Policies - Politburo

MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

CHINA PBOC CONDUCTS CNY216.27 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1364 TUES VS 7.1316

MNI China Daily Summary: Monday, July 29

MNI: SPAIN JUL FLASH HICP -0.7% M/M, +2.9% Y/Y

MNI: SPAIN Q2 FLASH GDP +0.8% Q/Q, +2.9% Y/Y

MNI: SWISS KOF JUL ECONOMIC BAROMETER 101

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Gasoline Cracks Rise After EIA Data

OIL

Crude volatile and gasoline cracks extends gains after EIA data release.

    • Brent OCT 22 down -1.9% at 94.45$/bbl
    • WTI SEP 22 down -2.1% at 88.62$/bbl
    • Gasoil AUG 22 down -2% at 977.75$/mt
    • WTI-Brent up 0.24$/bbl at -6.46$/bbl
    • US gasoline crack up 2.8$/bbl at 36.89$/bbl
    • US ULSD crack down -0.6$/bbl at 48.78$/bbl
  • An unexpected fall in crude exports and an increase in production contribute to the build in crude stocks.
  • Gasoline cracks are extending earlier gains after a big draw in stocks on the back of strong exports and despite a recovery in refinery utilization. Gasoline implied demand has recovered a little ground from falls in recent weeks.
  • East Coast refiners operated at a record 100.4% capacity.
  • Distillate exports fell and production increased to help stocks build.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.