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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.
OIL
Between 74 and 79mbbls of Russian oil is in transit or floating storage in the last week according to Kpler. This compares to just 27mbbls back in February.
- Russia export barrels are looking for a home with US, UK and EU stepping away from Russian oil. China and India have so far taken much of the spare supply but may struggle to take more. China is still struggling with oil demand due to covid restrictions and it remains to be seen if Indian refiners can take more volume due to the difference in Russian crude specification to their normal supply.
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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