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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
In its base case scenario, Kpler expects Russian refinery runs to have dropped by about 300 kbd to pre-export ban forecasts for inventories not to exceed capacity before October 9.
- Kpler estimates that Russia has ~6-7 million tons of oil product storage capacity, with only 1.65 Mbd of spare capacity as of 20 September.
- Kpler places the Russian gasoline diesel surplus at about 70-75 kt/d even in a scenario where Russian refineries substantially reduce diesel yields, causing inventories to reach full capacity before mid-October.
source: Kpler
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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