MNI: PBOC Drains Net CNY148 Bln Via OMO Tues; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0957 Tues; -4.95% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.0957 TUES VS 7.0938

MNI China Daily Summary: Monday, April 1

MNI BRIEF: Caixin Mar Manufacturing PMI Hits One-Year High

EUROZONE MAR MANUFACTURING PMI 46.1 (FLASH 45.7); FEB 46.5

MNI: ECB 1-YEAR CONSUMER INFLATION EXPECTATIONS 3.1%

MNI: BAVARIA MAR CPI +0.4% M/M, +2.3% Y/Y

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Novak Expects Russian Crude Discount to Fall

OIL

Russian crude discounts are expected to decline as the oil markets stabilize according to Russian Deputy PM Alexander Novak.

  • "Of course, we see now that the discount on our oil has slightly increased, which is natural as purchasers consider risks. However, considering the stabilization of the situation, we expect the discount to go down," he said.
  • Novak explained then that the discount rose in January mainly due to higher freight prices.
  • Putin said earlier the discount on Russian crude would not create issues for the country’s budget.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.