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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
Gasoline implied demand on the US East Coast fell to the lowest level in 25 years last year with the exception of 2020 according to EIA data.
- Consumption fell by 150kbpd in 2022 due to historically high gasoline prices and an increase in working-from-home. The demand drop helped against a backdrop of tight supplies with limted fuel from producers on the Gulf Coast to consumers on the East Coast.
- The East Coast region is dependent on pipeline supplies due to a lack of refining capacity in the area after losing more than half of its capacity in the last 20 years.
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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