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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.
OIL
Indian crude oil imports increased slightly from April to 20.04m tons in May and up 2% on the year according to provisional data from the oil ministry’s Petroleum Planning & Analysis Cell.
- Total oil product imports including LPG, fuel oil and diesel increased to 3.64mn tons, an increase of 10.7% on the month and by 21.2% on the year.
- Total oil products exports of diesel, gasoline and naptha increased to 5.31m tons, an increase of 21.6% on the month but 6.6% lower on the year.
- Consumption of fuel in India rose by 9% yr/yr to 20.03m tons in May according to PPAC data earlier this month.
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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