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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 PRODUCTS
Russian oil product exports have eased this month as most products breach G7 price caps.
- Oil product exports totaled about 2.29 million barrels a day so far, the lowest daily average since October according to Vortexa figures.
- Diesel and gasoil exports eased to 1.04 million barrels a day, down 11% from the average for all of July. Turkey remains the top buyer of Russian diesel, while flows to Libya and Tunisia have risen this month.
- Gasoline and blending component exports halved to just 58,000 barrels a day.
- Fuel oil shipments have declined to about 680,000 barrels a day, the lowest since June 2022.
source: Bloomberg/Vortexa
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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