-
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
-
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 Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
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 Summary at European Close: Crude Trades Lower
Crude front month is trading lower on the day but recouped some earlier losses with prices weighed on by yesterday’s delay to the OPEC+ meeting, a large build in US crude stocks and the easing risks from the Mideast conflict with the planned start of the ceasefire on Friday morning. Trading volumes dropped today amid the US Thanksgiving holiday.
- Brent JAN 24 down -1.1% at 81.08$/bbl
- WTI JAN 24 down -1.2% at 76.14$/bbl
- The 187th Meeting of the OPEC Conference, the 51st Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 36th OPEC and non-OPEC Ministerial Meeting (ONOMM) will convene virtually on Thursday, 30 November 2023.
- QATAR: ISRAEL-HAMAS TRUCE TO START FRIDAY 7:00 AM LOCAL TIME. The ceasefire was initially planned to start on Thursday, but a statement by the National Security Council through the Israeli prime minister’s office on 22 Nov stated that the release of hostages, and therefore a temporary pause in fighting, would not happen until Friday 24 Nov.
- Nigeria and Angola are fighting the adjustment of the OPEC crude output quotas that led to a delay of the OPEC+ meeting, despite not meeting current output targets according to OPEC secondary sources and market sources. Despite the delay, the market is still likely expecting Saudi to extend voluntary cuts in next year.
- Nigeria is boosting its crude production target ahead of the latest OPEC+ meeting – which has been moved because of discontent from both Nigeria and Angola towards proposed quota reductions.
- Nigeria’s 2024 target will reduce to 1.38mn bpd – from 1.74mn bpd previously but will rise to 1.58mn bpd if three independent consultancies can confirm its capacity to produce at this level.
- Angola’s OPEC governor Estevao Pedro quashed any rumours about the country leaving OPEC+ over the latest spat with the group surrounding its tighter 2024 proposed production quotas.
- Chinese independent refiners are holding off on making new purchases of Venezuelan oil due to discrepancies in offered prices following the US’ relaxation on the country’s sanctions, trading sources told Reuters.
- Three Greek shipping firms - Minerva Marine, Thenamaris and TMS Tankers - have stopped transporting Russian oil in recent weeks, after the US stepped up imposing sanctions on shipping firms carrying Russian oil – often above the G7 oil price cap, four traders told Reuters and shipping data showed.
To read the full story
Sign up now for free trial access to this content.
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.