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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 PRODUCTS
US imports of gasoline and diesel from India to New York are increased in January according to Kpler data.
- Imports of gasoline and diesel to New York from India will increase to highest in nearly four years to about 89kbpd in Jan. The volume accounts for more than 40% of the region’s total imports for January up from an average of 5% last year.
- The increase is helping to replace European product supplies which have reduced as it keeps hold of stocks ahead of the new Russian sanctions which begin on 5 Feb.
- A cargo from India often takes two to three times longer to arrive to New York than a shipment from Europe.
- Refined product supplies in the New York Harbour region are tight due to high US refinery outages and upcoming maintenance, and historically low inventories.
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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