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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. Stocks were still below the 5 year range last week at 51.25mbbls. The average for this time of year is 57.15mbbls.
- The EIA weekly petroleum inventory data is due for release this afternoon at 15:30BST. API data last night suggested a small build in crude and draws in both gasoline and distillates. Products draws could support diesel markets with supplies already tight and could be a sign of higher demand supporting gasoline spreads. Expectation is for the EIA to report a small draw in crude, gasoline, and distillates.
- OPEC’s JTC meeting takes place today to review the market balances ahead of the OPEC+ meeting on Sep 5.
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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