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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.
OIL
The Suezmax tanker Gladiator highlights the huge distance increases Russian oil is taking to market according to Kpler.
- It left the Barents Sea December 31, after loading 1 million barrels of Varandey, a Russian crude grade. Today, after 12,400 nautical miles and 55 days a sea, it has discharged its cargo in China.
- This is one of seven tankers to have made this enormous journey since December according to Kpler.
- Before the EU import ban, 100% of exports of crude from the Russian Arctic were shipped to Europe, the US or Caribbean.
- Since December 100% have gone to China and India. The increase in the average distance is between 4,000 and 10,000 nmi.
source: Kpler
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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