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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
Preliminary production figures for Norwegian daily production of oil, NGL and condensate in May is 1.83mn bpd, below the forecast of 1.88mn bpd according to the Norwegian Petroleum Directorate.
- Total gas sales were 10.0 billion Sm3 (GSm3), which is an increase of 0.1 GSm3 from the previous month.
- Average daily liquids production in April was: 1 620 000 barrels of oil, 200 000 barrels of NGL and 11 000 barrels of condensate.
- Oil production in May is 2.4 percent lower than the NPD’s forecast and 4.8 percent lower than the forecast so far this year.
Source - Norwegian Petroleum Directorate
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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