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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
OPEC crude production is seen falling 70k b/d in August, according to the latest Bloomberg survey.
- This takes output from OPEC members to 27.06m b/d.
- Libya led the drop in production, down 150k b/d, followed by small decreases of 10k b/d each from Algeria and Saudi Arabia.
- Iraq, a consistent overproducer, kept its production stable at 4.32m b/d, 320k b/d above its voluntary quota.
- Nigeria saw the largest rise in output, up 50k b/d to 1.48m b/d.
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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