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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’s observed crude exports dropped to the lowest in more than two years in May according to Bloomberg vessel tracking.
- Exports have slowed as the country rolls out its OPEC+ production cut commitments and ramps up its giant Al Zour refinery.
- Crude flows from Kuwait fell to just over 1.7mn bpd in May from around 1.95mn bpd in April.
- In the preliminary data for May, shipments to biggest-buyer China declined by 97k bpd, or almost a fifth, to at least 419k bpd.
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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