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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 crude exports narrowly gained in the week ended May 19 according to Bloomberg vessel tracking.
- Russia’s seaborne crude flows in the week to May 19 rose by about 140,000 bpd to 3.39 mn bpd from 3.24 mn bpd for the week to May 12.
- The less volatile four-week average fell by about 40,000 bpd to 3.43 mn bpd.
- Moscow is transitioning away from shipments cuts and towards output cuts as part of OPEC+ commitments.
- Russia looks set to see the first month of increasing refinery runs in May since December as facilities return from maintenance and drone strikes.
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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