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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.
OIL
Iraq’s Somo has increased official formula prices for majority of April-loading crude exports to Asia-Pacific and Europe.
- Somo has raised the April formula price for Basrah Medium to its core Asia-Pacific market by 95¢/bl on the month, while the April Basrah Heavy price has been lifted by $1.95/bl.
- Somo has raised the April prices of its Europe-bound exports of Basrah Medium and Basrah Heavy by $1.25/bl and $1.75/bl, respectively, but it has left the formula price of Kirkuk blend to Europe unchanged at a $1.45/bl discount to the North Sea Dated benchmark.
- See attached chart for all prices.
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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