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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.
OIL PRODUCTS
Russian CPP tonne-miles are holding strong as Russian crude tonne-miles continue to slide for the third consecutive month in August according to Vortexa.
- Mainstream Black Sea-to-East freight rates pick up, but long-term tanker supply is set to prevent momentum.
- West African gasoline imports show a sharp decline freeing up barrels to satisfy growing European demand.
- Europe-to-Waf tanker demand is in freefall, but limited tonnage in the Atlantic support a rate uplift for the route.
- MRs are discharging in PADD 1 and skip the USG as refinery turnarounds in East Coast North America loom.
Source: Vortexa
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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