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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 diesel exports surged 33% in March m-o-m with exports from the Black Sea alone growing by 270kbd m-o-m to reach a historical high since 2016 according to Vortexa.
- Black Sea diesel exports were 295kbd higher y-o-y while diesel exports from Baltics rose 196kbd y-o-y.
- Turkey was the biggest recipient of Russian diesel in March hiking imports by 47% m-o-m.
- Black Sea exports moved toward East and West Med regions (Libya, Egypt, Tunisia) while Baltic flows have shifted fairly evenly in terms of percentage share to Brazil, Saudi Arabia, Egypt and Morocco causing an increase in tonne miles.
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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