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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
Russia’s seaborne crude exports slipped back to about 3.23mn bpd last week, a sizeable drop of 490,000 bpd from the prior seven days according to Bloomberg vessel tracking.
- It brings the 4-week average to about 3.26mn bpd – in line with Moocow’s export cut pledge with OPEC+.
- Bloomberg calculations indicate that crude shipments out of Russia should be running now at about 3.28mn bpd to satisfy commitments.
- Russia is committed to a 300,000 bpd crude export cut until the end of the year versus the May-June average.
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.
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