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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 PRODUCTS
China issued a new batch of 12m mt of exports, bringing the total year to date quota to 40m mt, up 7% on the previous year.
- Around 60% of the total quota for the year has been used in the first 7-months of 2023.
- Jet fuel exports remained elevated during the summer, while jet fuel production in refineries was boosted by higher travel demand.
- Refiners have ramped up kerosene production to record levels to capture favourable export margins, BNEF said.
- Monthly kerosene exports in July were at their highest since December, just shy of 1.5m mt.
Source: BloombergNEF
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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