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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 Genscape European ARA crude inventories will be released today at 09:00BST. Data last week showed a decline in stocks down to 54.32mbbls and below the five year of 54.74mbbls after holding above since July.
- The EIA weekly petroleum inventory data is due for release this afternoon at 15:30BST. EIA data is expected to show a small draw in crude with a small build in gasoline and draw in distillates stocks and another drop in refinery utilisation according to a Bloomberg survey. Cushing is expected to show the first build in seven weeks.
- The Joint Ministerial Monitoring Committee (JMMC) hold a virtual meeting today but no changes in policy are expected with the current OPEC+ agreement of 2mbpd cuts until the end of 2024. The previous meeting started shortly after 13:30 CET.
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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