-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessOil Products End of Day Summary: Cracks Fall
Gasoline and diesel cracks are trading lower on the day, with gasoline consistently carrying losses throughout the session. Ongoing weakness in seasonal demand and robust US inventories continue to weigh on product cracks.
- US gasoline crack down -1.2$/bbl at 14.99$/bbl
- US ULSD crack down -1.2$/bbl at 37.77$/bbl
- Pemex is reviewing the installations of its new Olmeca Refinery in order to plan its start date, according to Reforma.
- China’s gasoil apparent consumption is forecast to rise 3.86% on the year in 2023 to 221.47m mt amid a gradual recovery following the pandemic, according to OilChem.
- Russia exports of diesel and gasoline recovered in November boosted by the end of refinery maintenance and the easing of fuel export restrictions.
- A segment of the Colonial Pipeline which is rarely full is booked for months amid a supply glut on the US Gulf Coast according to Bloomberg.
- ARA oil product stockpiles according to Insights Global: Inventory type, latest level, weekly change (all in thousand metric tons) as follows: Gasoline: 1,185, -120, Naphtha: 197, -24, Gasoil: 1,770, +27, Fuel Oil: 1,256, -10, Jet Fuel: 712, -28
- Barge freight rates in NWE are increasing due to strike action in Belgium disrupting barge shipments, while closures on the Rhine due to high water levels will squeeze the market further, Argus said.
- India PPAC data: oil consumption was at 18.720 million tons in November, -2.0% y/y by products in % y/y: Diesel at 7.528mt, -3.0%, Gasoline at 3.129mt, +9.4%
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.