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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/condensate imports fell in July with Chinese demand again a key contributor to the decline according to Vortexa.
- Global imports of crude/condensate, excluding those from Iran and Venezuela, fell just below 38mbd in July, down from 39mbd in June and the lowest monthly import total since August 2022.
- On the supply side, imports from almost all major producers fell m-o-m with Saudi, Iraq, UAE and the US the posting the largest declines.
- The only major producer to see an increase was Brazil.
Source: Vortexa
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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