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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
Iranian crude output has risen by more than 500,00 bpd this year according to the latest Platts survey at 3.1mn bpd in November.
- Venezuelan output was at a four-month high of 800,000 bpd in November.
- Russia, anther sanctioned nation, the largest non-OPEC producer in the group, saw production fall by 20,000 bpd to 9.43 mn bpd.
- Sanctioned barrels flooding the market and increases in non-OPEC supply are weighing on crude into the tail end of the year despite higher commitments from OPEC+ to cut production.
Source: Platts
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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