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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 PRODUCTS
Supported by rising Russian loadings, global diesel loadings show strong growth averaging almost 12.6mbd so far in March and significantly above the former multi-year peak of around 12mbd seen in December according to Vortexa.
- The well supplied nature of the markets at present is displayed in a relatively muted response to diesel prices despite ongoing strikes in France. It is historically a significant diesel importer.
- Global seaborne oil flows do not suggest a looming supply crunch at present – especially with elevated Russian flows on the market despite sanctions.
- Instead of supply worries, the markets are currently being driven by demand concerns as recessionary fears take hold.
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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