Free Trial
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
Russia’s seaborne oil flows have rebounded to the highest in almost two months, boosted by a recovery in shipments from Sakhalin, Bloomberg said.
- Four-week average crude shipments increased to 3.26m b/d in the week to Aug. 25, rising by 60k b/d.
- The more volatile weekly flows climbed by around 390k b/d to 3.35m b/d, the largest weekly jump since June.
- Shipments from Sakhalin 2 on off Russia’s Pacific coast are recovering after a month-long halt for maintenance work in July.
- The recent export rise comes ahead of a plan by several OPEC+ members to begin unwinding output curbs starting October.
- Regardless of whether the unwinding plan goes ahead as planned, Russia’s share of any increase will be tapered by Moscow’s pledge to make deeper cuts to compensate for overproduction earlier in 2024.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok