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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.
FREIGHT
Strong projected demand for jet fuel in 2024 is set to support clean tanker markets globally, according to Platts.
- SPGCI’s Nov. 28 Global Oil Demand Monthly Outlook, jet fuel will see demand growth of around 1 million b/d in 2023.
- Boosting clean shipping demand further are firm deliveries of naphtha for petchem cracking.
- Falling refining capacity in Europe and recent additions in the Middle East have increased distances between production and demand centres. This will be supportive for the clean tanker sector, Platts said.
- Platts assessed the lumpsum to transport a 60k mt clean products cargo on the Mediterranean-Japan route at $3.4m Dec. 13, compared to $2.1m July 24.
Source: S&P Global Commodity Insights
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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