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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.
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Free AccessHeadline Oil Inventories See Sizeable Draw vs. Forecast
- Headline crude stocks see a sizeable draw of 7mln bbls vs. Exp. draw of 108k bbls
- Gasoline sees a larger than expected draw: 4.6mln bbls vs. Exp. draw of 812k bbls, with distillates see a build of 766k bbls vs. Exp, build of 1.1mln bbls
- Refinery utilization drops 0.8% vs. Exp. drop of 0.17%, while the SPR drops another 3.4mln bbls to 461mln bbls.
- Data shows that US crude exports surged to a record level, with European replacing Russian oil with US imported products.
To read the full story
Sign up now for free trial access to this content.
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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.