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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
Global passenger jet fuel demand is set to drop for the fourth week in a row, to 6.96m b/d, BNEF said.
- This represents a 1.3% week-on-week decline in implied demand.
- Asia and North America are poised to lead the decline, cutting 48.5k b/d and 28.5k b/d of demand respectively.
- China’s scheduled domestic flights are set to fall 5% for the week from Sep. 3. The international flights of key Chinese airlines down 0.7% their annual growth and recovery from Covid-19 levels slows.
- Oceana is the only region on track to buck the bearish trend with a marginal uptick of 0.1% on the week.
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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