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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.
JET FUEL
Flight schedules from March 19-26 imply a 1.6% fall in jet fuel demand on the week to 6.1m b/d, according to BNEF.
- All regions are set to see consumption levels fall, with Western Europe and North America leading the decline, registering falls of 40.6k b/d and 12k b/d respectively.
- In China, the number of domestic flights is set to grow by over 30% over the next four weeks, based on current schedules. However, these are subject to last minute changes.
- Jet fuel prices across key hubs rose on the week, up 0.6% in Asia and 2.2% in the USA.
Source: Bloomberg
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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