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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.
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Free AccessMNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
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LA Refineries Come Through Hurricane Unscathed
The five refineries in Los Angeles came through Hurricane Hilary unscathed, according to Reuter’s sources.
- Although PBF Energy reported a malfunction at its 180k b/d plant on Monday morning, traders said this was not directly related to Hurricane damage.
- The four other refineries were operating as planned, according to traders.
- The five refineries in the LA area have a combined crude-oil refining capacity of 1.1m b/d.
- The U.S. West Coast relies on local refineries in California and Washington in addition to imports from Asia for motor fuel supply. It is not connected to the West Coast from the US Gulf Coast or Middle West.
- Hilary was the first tropical cyclone to hit southern California since 1939.
To read the full story
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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.