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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.
JET FUEL
Implied jet fuel demand based on passenger schedules will fall 0.6% on the week to 6.2m b/d in the seven days to March 4, according to BNEF.
- The fall is largely driven by softening demand in Asia, which is down by 2% on the week.
- In China, the number of domestic flights is set to drop by 3% in the next four weeks. However, these schedules are subject to short-term changes.
- The Rotterdam FOB barge price was last assessed at $895.57/mt Feb. 26, compared to $903.64/mt Feb. 19. However, this is up from around $5/mt on the year.
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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