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Why MNI
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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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Free AccessMNI US MARKETS ANALYSIS - EUR Vols Surge Ahead of US CPI
MNI China Daily Summary: Wednesday, December 11
Russia's Orsk Refinery Declares Force Majeure After Flood
Russia’s Orsk refinery has declared force majeure on fuel supply from April 8 after recent flooding hit the facility according to Reuters reports.
- The refinery processed 90,000 bpd of crude last year.
- The refinery is close to the border with Kazakhstan. Russian officials denied reports it had asked Kazakhstan for fuel supplies.
- On Monday, Reuters reported, citing sources that Russia had requested that Kazakhstan be ready to provide 100,000 tonnes of gasoline in case of shortages exacerbated by Ukrainian drone attacks and production disruptions.
- The Orsk refinery closure adds further woes for Russian refining after a barrage of Ukrainian drone attacks last month,
To read the full story
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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.