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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
Russia’s seaborne exports of fuels like diesel and naphtha are on track to edge higher this month as annual refinery maintenance season comes to an end.
- Shipments of diesel, naphtha, gasoline and jet fuel, fuel oil and feedstocks that help refineries make other fuels rose by 51kbpd in the first 10 days of the month compared with full-month May levels, according to Vortexa data.
- Flows of the fuels had fallen sharply last month — but from very high levels earlier in the year — as refineries underwent routine seasonal maintenance.
- Diesel or gasoil shipments rose to about 1mbpd in the 10 days of the month, the Vortexa figures show, up by 12% from May, when exports fell to a seven-month low.
- However, the trend is reversed when it comes to gasoline. Russia’s gasoline exports have plunged this month to 8,500bpd, compared with 62,000bpd in May, as the government recommended to boost domestic supplies.
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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