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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
Near term Gasoil time spreads have strengthened this week with concern for diesel supplies following the introduction of the EU ban on Russian seaborne oil products from 5 Feb.
- The prompt spread has rallied from a low of 11.5$/mt on Wednesday to a high of 19$/mt earlier today.
- The longer dated spreads have however remained largely unchanged in the last couple of days.
- Gasoil JAN 23 down -0.2% at 858.25$/mt
- Gasoil JAN 23-FEB 23 up 0.75$/mt at 17.25$/mt
- Gasoil FEB 23-MAR 23 down -0.75$/mt at 22.5$/mt
- Gasoil JUN 23-DEC 23 up 2.5$/mt at 26.5$/mt
- Gasoil DEC 23-DEC 24 up 0.25$/mt at 28.75$/mt
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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