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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.
OIL
US crude production reached a record high of 13.308mbpd in November according to the updated EIA monthly production data to surpass the previous record seen in September.
- Total oil demand was the highest since June with a small increase on the month to 20.71mb/d in November compared to 20.68mb/d in October and 20.21mb/d in November 2022.
- Change in US oil demand y/y by product in kbpd:
- Gasoline +18 to 8,845
- Distillate -49 to 4,010
- Jet fuel +33 to 1,617
Source: 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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