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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
Seaborne crude flows to Germany have been rising steadily over the last few months, with imports of crude and condensate averaging well above 500 kbd since June and remaining 100 kbd above year-ago levels according to Kpler.
- Seaborne crude imports to the country settled just shy of 600 kbd in September, representing an increase of about 150 kbd m/m and equivalent to the highest level on record.
- The uptick comes amid a higher availability of regional grades, with a wider Brent vs Dubai EFS, as well as heavily discounted Russian barrels and COVID-19 related demand loss in China keeping buying interest for these grades in Asia below average.
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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