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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 PRODUCTS
The US summer driving season is being impacted by higher gasoline prices according to Kayrros.
- Gasoline consumption is up seasonally since Memorial Day but use has slipped year-on-year since June 2, averaging around 2.6% below 2021 levels in June.
- The national average price for regular unleaded gasoline reached $5.034 a gallon on June 16, the highest on record, according to GasBuddy. The price has since eased a bit, posting a weekly decline in the period ending June 20 for the first time in nine weeks.
Source: Kayrros
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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