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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.
OIL
Kuwait will contribute to lower medium sour crude availability into the second half of the year according to Kpler.
- Kuwait's crude exports may soon decrease due to higher domestic refining capacity, impacting medium sour crude supply to Asia.
- The ramp-up of Kuwait's Al-Zour refinery has curbed crude exports recently, with the plant expected to reach nameplate capacity in December.
- Kuwaiti crude exports may be pressured to around 1.2mn bpd at the end of the year according to Kpler forecasts, significantly lower than the 2022 average.
- China, India, South Korea and Japan are key crude buyers for Kuwaiti crude.
source: Kpler
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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