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
Crude shipments from Saudi Arabia in January fell to their lowest in seven months according to Bloomberg tanker-tracking.
- Flows fell to about 6.77mb/d in January from 7.25mb/d in December with lower supply to both India and China.
- Cargoes to South Korea also fell while shipments to US and to Egypt increased. Egypt is a storage and transit hub for flows to US and Europe.
- Asian flows could be revised higher with unknown destination cargoes mostly heading east.
- Saudi Arabia currently has an OPEC production target of 10.478mb/d.
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