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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.
ENERGY
- The latest Baker Hughes rig count data is due for release at 18:00BST. The oil rig count continued the upward trend last week up to 627. The gas rig count has been holding relatively unchanged in recent weeks with last week showing a count of 155.
- The ICE and Nymex commitment of traders reports will be released after the close today at 18:30BST and 15:30EST. Both Brent and WTI net longs showed a decline last week with uncertainty over Russian crude supplies and with Chinese oil demand.
- The virtual OPEC+ meeting take place on Dec 4 with the JMMC meeting prior to the OPEC+ group meeting. The OPEC+ group is expected to keep production targets unchanged although lower prices and weaker demand have increased the risk of further cuts.
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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