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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
Russian diesel exports from key western ports are expected to fall by 11% in March from February amid lower crude processing rates due to drone attacks on refineries.
- Diesel loadings from the three main Black and Baltic Sea ports are expected to fall to 2.675m tons or 644kb/d in March from 723kb/d in Feb, according to Bloomberg based on industry data.
- The decline follows Ukrainian drone attacks since early January damaging six key export-focused refineries.
- Primary crude processing rates averaged about 5.21mb/d in the first two weeks of February, compares with 5.54mb/d for most of December.
- Baltic port of Primorsk loadings are planned at 1.784m tons in March, Baltic port of Vysotsk at 0.3m tons and the Black Sea port of Novorossiysk at 0.591m 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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