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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 AccessIran crude deliveries to Venezuela increase
Iran delivered 6.8mbbls of oil to Venezuela this year, an increase of 48% over the full 2021 amount.
- Most of the delivery is condensate which is used to combine with heavy Venezuela production to produce the Merey grade. Merey is a blend made with approximately 60% of heavy domestic oil and 40% of light oil.
- Venezuela production has increased from 490kbpd this time last year to approximately 680kbpd with a target of 2mbpd this year from President Maduro.
To read the full story
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Please enter your details below.
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.