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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
Double digit discounts are allowing Russia to claw back market share from Saudi when it comes to the Chinese crude import market.
- China’s imports from Russia in the 12 months through October came to 85.9 million metric tons, according to customs data released Monday, not much less than the 87.8 million tons shipped from Saudi.
- China’s independent “teapot” refiners are the key marginal players in the market, with Saudi Aramco’s decision to start selling to them in 2018 helping the kingdom displace Russia as top supplier.
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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