MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI BRIEF: Ontario To Cut U.S. Energy Flows When Tariffs Hit

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI China Daily Summary: Wednesday, December 11

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

EZ/UK Bond Supply Calendar: BTP Auction on Thursday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

RUSSIA: Fuel Exports Rebound as Diesel and Fuel Oil Flows Rise

RUSSIA
CEEMEAEM BulletRussiaBulletGlobalEmerging Market NewsRegion
  • Bloomberg report that Russian oil-product exports rebounded in the first half of this month, driven by a recovery in diesel and fuel oil shipments amid improved refining rates. They note that seaborne flows of petroleum products totaled about 2.2m barrels a day in the first 15 days of September, up almost 10% from the daily average for all of the previous month.
  • A special government subcommittee for control over foreign investments discussed a possible increase to the mandatory contribution to the state budget when a foreign company sells its Russian unit to exit the market, Bloomberg report citing local newspaper RBC. During the discussion, a proposal was put forward to raise the “exit fee” to 40% from the current 15% of the market value of assets.
  • Health Minister Mikhail Murashko visits Budapest, where he is due to meet with Hungarian Foreign Minister Peter Szijjarto. Meanwhile, Foreign Ministry spokeswoman Maria Zakharova is scheduled to hold a weekly briefing. There are no major data releases scheduled for today.
164 words

To read the full story

Close

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.
  • Bloomberg report that Russian oil-product exports rebounded in the first half of this month, driven by a recovery in diesel and fuel oil shipments amid improved refining rates. They note that seaborne flows of petroleum products totaled about 2.2m barrels a day in the first 15 days of September, up almost 10% from the daily average for all of the previous month.
  • A special government subcommittee for control over foreign investments discussed a possible increase to the mandatory contribution to the state budget when a foreign company sells its Russian unit to exit the market, Bloomberg report citing local newspaper RBC. During the discussion, a proposal was put forward to raise the “exit fee” to 40% from the current 15% of the market value of assets.
  • Health Minister Mikhail Murashko visits Budapest, where he is due to meet with Hungarian Foreign Minister Peter Szijjarto. Meanwhile, Foreign Ministry spokeswoman Maria Zakharova is scheduled to hold a weekly briefing. There are no major data releases scheduled for today.