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
Opaque tanker market activity peaked in Q2 supporting 4-year high exports but has since declined – signalling a slowdown according to Vortexa.
- The vessel tracking firm counted 1070 tankers which carried Iranian, Russian and Venezuelan crude/condensate, DPP & CPP in Q2 – a 500% increase y/y.
- Russian crude and product tankers account for 80% of all of Q2 activity. Opaque tanker activity declined 10% in Q3 q/q due to weaker Iranian exports and Russian crude and CPP over this period.
- Q4 activity shows a further slowdown.
Source: Vortexa
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