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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
Exports of diesel from the Baltic port of Primorsk in Russia fell month on month in April according to tanker-tracking and port data via Bloomberg.
- Shipments were about 1.74m tons (435k b/d) in April compared to 2.07m tons in March. Despite the decline exports are still well above the seasonal norm for April.
- Stronger than expected Russian exports since the introduction of EU sanctions on oil products at the start of February have been a driver of weak global diesel markets.
- Diesel exports from Russia’s western ports are expected to fall sharply in May due to spring refinery maintenance. May loadings are planned at 1.67m in May down from 2.38m tons in April according to Bloomberg.
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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