Free Trial
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 PRODUCTS
More than half of Russia’s refined fuel exports have been capped at $45/bbl, highlighting the potential pressure the nation’s oil industry could face from the latest G7 sanctions according to Bloomberg.
- The G7 set out two sets of price thresholds on Russian fuels — $45 for cheaper ones, $100 for pricier ones — that came into effect on 5 Feb.
- A line-by-line review of every fuel that was capped shows that about 53% of the nation’s exports by volume can only be shipped on European tankers with western insurance if the buyers pay $45 or less for them. The remaining 47% are subject to a higher threshold of $100 a barrel.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok