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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
At the moment, Kpler data shows no observable change in the number of vessels operating in the Red Sea or transiting the Suez Canal as a result of escalating attacks.
- Kpler expect to see declines in both over the coming weeks if the situation continues.
- Freight rates are expected to rise if a war risk premium is added or if vessels opt to travel around the Cape of Good Hope, adding weeks to the length of the journey it added.
- See Kpler chart showing share of seaborne bulk flows via the Suez Canal in recent years.
Source: Kpler
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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