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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 PRODUCTS
Russian oil product exports slumped to a post-pandemic low in H1 April, according to Platts’ tanker tracking data.
- Export loadings of diesel, fuel oil, naphtha and other refined products averaged 1.81 million b/d during the week ending April 14, down 560k b/d from March and over 830k b/d below January levels.
- The last time Russia’s export loadings fell below 2m b/d was during the Covid lockdowns of 2020.
- Market watchers expect some additional crude exports amid some continued damage to refineries.
- Russia's weekly seaborne crude loadings reverted to their longer-term average by April 1, according to Platts.
Source: S&P Global Commodity Insights
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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