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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
Russian seaborne crude oil exports rose to 3.53mbpd in October, the highest level in four month and up by 7.4% from September levels according to tanker-tracking data from S&P.
- On a four-week average basis, Bloomberg data suggested seaborne crude exports stood at 3.48mbpd in the week ending 29 October.
- Based on Russia’s own calculations, it said crude exports out of the country should be running at 3.28mbpd based on a reduction of 300kbpd from the May-June average.
- Urals crude accounted for 56%, or 1.97mbpd, of the total seaborne export in October. 43% of the flows were heading for India and 29% were headed for China.
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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