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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
Russia’s crude exports in early 2024 are inline with OPEC+ commitments according to Bloomberg vessel tracking.
- Russia exported about 3.34 mn bpd of crude from its ports in the four weeks to Jan. 7 – down 120,000 bpd from the period to Dec. 31.
- Weekly flows fell by 500,000 bpd to 3.28mn bpd – 300,000 bpd below May-June levels last year – the baseline for cuts.
- Russia has pledged 500,000 bpd oil and oil product export cuts during Q1 2024 versus last year’s May-June average.
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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