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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.
DIESEL
Russia is planning to reduce diesel exports from its Baltic and Black Sea ports to the lowest since at least 2021 to 1.78m tons, or 427kbpd, in May, down from 625kbpd in April, Kpler data showed, cited by Bloomberg.
- The drop would be for a fourth consecutive month with crude-processing rates down after Ukrainian attacks on Russian oil refineries and seasonal maintenance. Rates averaged 5.23mbps in Apil 1-24 and the lowest since May 2023.
- Russia has instructed oil producers “to maximise” supplies to the domestic market amid growing seasonal farming demand.
- Diesel exports from the port of Primorsk are planned at 1.479m tons in May, exports from Vysotosk are planned at 0.014m tons and shipments from Novorossiysk are planned at 0.283m tons.
Source: Bloomberg
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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