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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 PRODUCTS
European gasoline flows to PADD 1 slowed in October, heading to West Africa instead based on Vortexa product flows.
- Overall USAC refined product imports remained steady at 565kbd in October due to increased diesel and jet imports, but gasoline imports fell 19% in October m-o-m.
- The latest GasBuddy data showed US gasoline demand started rising mid-October before reverting at the end of the month, in line with seasonal expectations.
- Dropping demand has lowered the incentive for refiners to pull in imports from overseas despite historically weak stockpile levels.
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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