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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
Compared to pre-war levels in January and February, Russia's shipped crude exports from June 1-15 rose by 576,000 b/d to average about 3.88 million b/d, according to preliminary data from Kpler and reported by Platts.
- The latest export flows, which are up from 3.81 million b/d in May, put Russia's seaborne crude exports at the highest since May 2019.
- China and India continue to make up the biggest growth market for Russian oil, while flows to the EU subside. Crude imports into the Asian nations have risen by a combined growth of more than 1 million b/d on pre-war levels.
- At the same time, EU imports of shipped Russian crude remained at around 1.3 million b/d in the first half of June, little changed from May but down from 1.75 million b/d in January and February.
Source: Kpler data, reported by Platts
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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