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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.
WTI CURVE
WTI time spreads increase as high exports and low imports keep market tight
- The curve continues to strengthen following a draw in API crude stocks last night and ahead of the EIA inventory data later.
- The June22 contract is due to expire on 20th May.
- WTI JUN 22-JUL 22 up 0.12$/bbl at 2.89$/bbl
- WTI JUL 22-AUG 22 up 0.27$/bbl at 3.14$/bbl
- WTI DEC 22-DEC 23 up 0.39$/bbl at 12.92$/bbl
- The graph below shows today’s forward curve compared to 1 week ago.:
Source: Bloomberg
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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