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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.
JET FUEL
Jet fuel demand is to continue its decline in the week to Oct. 23, led by a fall in Asia, according to BNEF.
- Jet fuel demand is set to be 6.31m b/d, down 1.5% on the week. Demand from domestic and international flights is set to fall by 2.7% and 0.8% on the week, respectively.
- Demand in Asia is set to fall by 3.5%, equivalent to a fall of 62.8k b/d.
- However, domestic flights in China are set to increase by 38.2% over the next four weeks, according to current schedules, BNEF said. However, it cautioned that many flights are cancelled last-minute in China.
Source: Bloomberg
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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