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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
The monthly US oil demand data showed a decrease in oil demand to 19.49mbpd in Dec 2022 from 20.593mbpd in Nov 22 and 20.66mbpd in Dec 2021 according to the EIA.
- US crude production was down to 12.101mbpd in December from 12.377mbpd in November (revised from 12.375mbpd) but up from 11.63mbpd in Dec 2021.
- Change in US oil demand y/y by product in kbpd:
- Gasoline -307 to 8572
- Distillate -233 to 3717
- Jet fuel +84 to 1601
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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