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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
Iran holds 70mbbls or more of crude and condensate in storage ready for release if a nuclear deal is reached according to Kpler and Vortexa.
- Iranian crude and condensate currently stored on vessels in the Persian Gulf is about 93mbbls according to Kpler and 60-70mbbls according to Vortexa.
- If a nuclear deal were to be agreed, the oil would be available to the market subject to sorting out insurance and shipping issues as well as setting spot and term sales once sanctions allowed the release.
- Iran’s production is currently about 2.5-2.6mbpd with Iran recently suggesting oil production capacity will exceed 4mbpd by March 2023.
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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