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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 weekly passenger jet fuel demand is set to increase following almost two months of straight declines, according to BNEF.
- Global passenger jet fuel demand is set to increase by 0.3% to 6.3m b/d in the week to Nov. 6.
- The uptick is driven by a rise in demand from Asia, where jet fuel demand will rise by 40.8k b/d. In China, provisional schedules show domestic flights up by 3.6% over the next four weeks, although last minute cancellations of routes are frequent.
- Demand is set to continue falling in North America and Europe; flight numbers in the Eurocontrol zone may fall across November, in line with seasonal norms, BNEF said.
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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