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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
Saudi Aramco maintained its OSP for Arab Light to Asian customers for December delivery unchanged at +4$/bbl, halting a five-month price hike cycle, while it lowered prices for Northwest European and Mediterranean customers according to a price list.
- The kingdom also kept December prices for Arab Super Light to Asia unchanged, while it raised the OSP for the Extra Light and Heavy grades by +70ct/bbl and +30ct/bbl, respectively. Arab Medium was lowered by 10ct/bbl on the month.
- December OSPs of all grades to Europe have been lowered by 2.30$/bbl month on month, and by 1.90$/bbl to the Mediterranean.
- Sales prices to North America are steady on the month.
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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