Free Trial
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.
REFINING
Russian primary processing rates averaged 5.65 million barrels a day from July 1 to 5, according to a Bloomberg source.
- It is the highest level since early April and more than 190,000 barrels a day above the average for June 1-28.
- The main Russian refined product exports other than gasoline have been increasing as refinery runs rise. Gasoline is being kept in the domestic market because of domestic tightness.
- Russia will likely push more crude from the export markets into refineries in July which will help to try and achieve its 500,000 bpd export cut commitment for August.
- Russian crude production levels are not expected to fall as part of the export cut.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok