Free Trial
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
India imported 19.57m tons of crude oil in May. An increase of 13.4% from a year ago but down from 21.53m tons imported in April.
- Diesel exports have risen 3.8% year on year and 13.5% since last month and are towards the higher end of the longer-term range.
- Gasoline exports have fallen 13.3% year on year and 17.5% since a peak last month and are back to near Feb22 levels. Gasoline exports have been higher than normal over the last 4 months at an average of 1344k metric tons compared to an average of 1030k metric tons over the previous 3 years.
- Crude imports have gradually increased since the drop off in mid 2020 and are now back at or slightly above 2019 levels.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok