© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI China Daily Summary: Monday, May 29

MNI BRIEF: BOJ Posts Unrealised JGB Losses of JPY157.1 Bln

MNI: PBOC Net Injects CNY23 Bln Via OMOs Monday

MNI: TREASURY GENERAL ACCOUNT $38.8B MAY 25 VS $49.5B PREV DAY

MNI DATA FORECASTS: EZ Inflation, US Payrolls In Focus

EZ/UK Bond Supply Calendar: Italy BTP/CCTeu Auction on Tuesday

MNI BRIEF: Trudeau Blames NIMBYs For National Housing Squeeze

(RPT)MNI INTERVIEW: Fed Needs Better QE Guardrails-Fed Adviser

MNI: Canada Resilient To US Debt Ceiling Clash- Freeland

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Kuwaiti Oil Exports Tick Higher in April

OIL
BulletEnergy BulletsHomepageCommodities

Crude flows from Kuwait jumped 12% to about 1.95m b/d in April from a revised 1.74m b/d in March, according to Bloomberg tanker tracking.

  • March’s pace was the lowest since January 2021.
  • Shipments to Kuwait’s biggest-buyer China in April jumped by 97k b/d, or 23% m-o-m, to at least 517k b/d.
  • Kuwait’s crude shipments may be constrained in coming months after OPEC+ announced in early April that it would make voluntary reduction cuts which will hit Kuwait by 128k b/d until the end of the year.

Keep reading...Show less
87 words

To read the full story

Why Subscribe to

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.

Crude flows from Kuwait jumped 12% to about 1.95m b/d in April from a revised 1.74m b/d in March, according to Bloomberg tanker tracking.

  • March’s pace was the lowest since January 2021.
  • Shipments to Kuwait’s biggest-buyer China in April jumped by 97k b/d, or 23% m-o-m, to at least 517k b/d.
  • Kuwait’s crude shipments may be constrained in coming months after OPEC+ announced in early April that it would make voluntary reduction cuts which will hit Kuwait by 128k b/d until the end of the year.

Keep reading...Show less