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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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Free AccessVolatile Cracks as Crude Extends Gains
Another volatile day for the crack spreads ahead of contract expiries tonight
- Gasoline spreads are generally following outright crude higher while diesel prices remain more subdued. The Brent Oct contract is trading higher than Sep, therefore closing the spread before the Sep contract rolls off tonight. The slower move in Sep has helped the Sep WTI-Brent spread close back in towards -9$/bbl having reached as wide as -11$/bbl earlier.
- Brent OCT 22 up 4.3% at 106.17$/bbl
- WTI SEP 22 up 5.1% at 101.35$/bbl
- WTI-Brent up 1.31$/bbl at -9.22$/bbl
- US gasoline crack up 0.1$/bbl at 34.17$/bbl
- US ULSD crack down -1.4$/bbl at 53.5$/bbl
- Gasoline-Brent up 0.9$/bbl at 22.62$/bbl
- Gasoil-Brent down -0.2$/bbl at 36.78$/bbl
To read the full story
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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.