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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.
DIESEL
The diesel shipping cost from the US Gulf Coast to Europe has more than doubled in less than three weeks driven by an increase in exports as refiners return from seasonal maintenance according to Bloomberg.
- Transatlantic clean freight rate has increased to WS 275.36 from WS 129.29 three weeks ago according to Baltic Exchange data.
- US Gulf diesel exports to Europe could reach a four-month high up to 231kb/d so far this month compared to 92kb/d last November according to Kpler incentivized by US Gulf Coast spot market discounts.
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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