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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
As of 4 July, Iranian crude/condensate in floating storage is assessed at 37.2mb, comprising 40% condensate and 60% crude according to Vortexa.
- South Pars Condensate in floating storage is assessed at 14.4mb in July, a 2.4mb decline from June and the lowest assessed volume on record.
- Iranian crude in floating storage is assessed at 22.8mb in July, a 1.6mb increase from June.
- The 37.2mb of Iranian crude/condensate floating storage is split between 35% domestic and 65% outside Iran, with the latter located offshore Malaysia (awaiting buyers) and offshore China (awaiting inspection).
source: Vortexa
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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