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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.
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Free AccessMNI China Daily Summary: Monday, Aug 26
MNI: China CFETS Yuan Index Down 0.50% In Week of Aug 23
Russian Oil Product Exports Dipping: IHS
Russian waterborne oil product exports are down by 1mn bpd in June versus before the invasion according to IHS vessel tracking.
- In February, Russian seaborn oil product exports amounted to a little less than 3 million barrels per day and stood at 1.9 million barrels per day in June.
- Meanwhile, Russian crude exports have yet to dip as Asia soaks up flows, while oil products have proved difficult to redirect on global markets.
- Russian seaborne crude exports increased from 3 million barrels per day in February to about 3.6 million barrels per day in June according to IHS.
- Oil product exports to Europe lowered from 2 million barrels per day in January to 1.2 million barrels per day by June, IHS said while with crude exports to Europe were down from 1.9 million barrels per day in January to less than 1.5 million barrels per day in June.
- "While some oil will be redirected elsewhere, we expect Russian oil production to fall to around 9.0 million barrels per day compared with 11.0 million barrels per day," IHS reported.
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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.