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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.
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Free AccessTrimming Some Of The Gains
WTI & Brent sit $0.50-0.60 below their respective settlement levels, with equities trading defensively post-FOMC/after U.S. President Trump drew some questions surrounding the prospects for the TikTok-Oracle deal.
- This comes after an impressive rally for crude on Wednesday, which saw both benchmarks add over $1.50 come settlement time. Bullish crude inventory data alongside price-supportive refining developments in India and at BP facilities added further fuel to the fire.
- Key OPEC+ ministers meet today, after source reports pointied to ~100% OPEC+ production pact compliance during the month of August.
To read the full story
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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.