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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
The US could boost its crude oil exports next month amid production cuts in Saudi Arabia, analysts told Reuters.
- Lower Saudi production levels could incentivize higher US and Latin American crude oil shipments to Europe and Asia, Matt Smith, Oil Analyst at Kpler said.
- US crude oil exports stood at around 4.5mbpd in March.
- However, this could further deplete US crude inventories, which have been near historic lows at 815mn barrels.
- Total US crude output is set to rise by 41kbpd this month to 9.33mbpd according to EIA.
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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