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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
Implied passenger jet fuel demand will end seven consecutive weeks of decline, driven by an uptick in Asia for the Chinese public holiday, according to BNEF.
- Implied passenger jet fuel demand in the week to Oct. 9 will rise to 6.44m b/d, up 0.5% on the week.
- Asian demand is seen as a key driver, in particular China’s Golden Week. The region’s demand will rise by 42.9k b/d, up 2.4%.
- In contrast, Europe is set for a decline in jet fuel demand on the week, as holiday travel declines into the winter.
- US passenger numbers over September 23-29 rose 0.5% compared to the previous week.
Source: BNEF
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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