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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 PRODUCTS
Crude/condensate loadings in the Atlantic Basin have been a crucial incremental source of global supply in H2 22, especially for the European market. H1 February figures from Vortexa show the Atlantic Basin market is well supplied but plateauing.
- Total Atlantic Basin crude/condensate loadings – defined as Europe, Med/N Africa, W Africa (non OPEC) and East Coast Americas were almost flat (+50kbd m-o-m) in H1 February versus January.
- The only major producers to have posted a m-o-m increase in loadings are the US, UK and Argentina, all in the order of 120-140kbd.
- Brazil, Norway, and Egypt , which had all upped flows to Europe in recent months, posted total loading declines in the order of 50-100kbd.
source: Vortexa
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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