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.
OIL
Russian seaborne crude exports averaged 2.7mbpd in the week to 19 November, down by 580kbpd from the week prior according to Bloomberg.
- The four-week average crude oil shipments averaged 3.23mbpd, down by 200kbpd from the previous period.
- Shipments to Asian customers and those that are not showing a final destinations fell to 2.73mbpd in the four weeks to 19 November, down from 2.93mbpd the prior four weeks.
- Seaborne exports to China stood at 1.17mbpd in the four weeks to 19 November. Flows signaling India averaged 1mbpd in the same period.
- Russia pledged to cut crude and products exports by 300kbpd below the May-June average until the end of the year. Seaborne flows should be at around 3.28mbpd – if exports would entirely be cut on crude.
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