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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.
COMMODITIES
Notably stronger than expected rise in the oil rig count, with +2 expected to 563, but well completions haven’t been keeping up with the rise in rigs due to costs and supply constraints so the increase this year has not yet translated into significantly higher production.
*U.S. TOTAL RIG COUNT 728 - BAKER HUGHES SAYS - bbg
*U.S. OIL RIG COUNT UP 13 TO 576 - BAKER HUGHES SAYS - bbg
*U.S. GAS RIG COUNT UP 1 TO 150 - BAKER HUGHES SAYS – bbg
US rig count continues to riseSource: 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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