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Download Full Document Here: : https://media.marketnews.com/MNI_Oil_Weekly_China_Reluctance_Pressures_Crude_a0 0d213c9d.pdf Executive Summary: * China Reluctance Pressures Crude: Chinese refiners have shown reluctance towards Russian barrels, Iranian floating is building, and Saudi allocations are slipping as Chinese refiners await import quota allocations. * Oil Market: Brent comes under midweek pressure but remains within a $62.8/bbl to $65.3/bbl range this month, weighing excess oil supply against uncertainty over the impact of the latest sanctions on Russia. Oil products crack spreads are seeing support from ongoing Ukrainian attacks on Russian refineries, amid already tight markets, taking diesel spreads to the highest since 2023. * Analyst Views: See oil market outlooks and views by key names in industry.
Nov-12 16:23Download Full Report Here:: https://media.marketnews.com/MNI_Oil_Weekly_Diesel_Markets_Remain_Heated_189df4 a68e.pdf Executive Summary: * Diesel Markets Remain Heated: A slew of factors keeps diesel markets heated against a backdrop of crude weakness heading into a northern hemisphere winter. * Oil Markets: Brent crude is holding within the $63.8/bbl to $65.4/bbl range, weighing OPEC+ policy, elevated levels of oil at sea, Russia sanctions and China stockpiling. Oil product crack spreads have risen over the last week with strikes on Russian energy infrastructure and sanctions impacts adding to seasonal maintenance. * Analyst Views: See oil market views and outlooks from key market names.
Nov-05 16:31Download Full PDF Here: https://media.marketnews.com/MNI_Oil_Weekly_Russia_Sanctions_Met_with_Scepticis m_9e1370795f.pdf: Executive Summary: * Following U.S. sanctions on Russian oil companies, the market is waiting to see evidence of enforcement * Oil Markets: Crude prices have eased back from highs last week as the market weighs expectation of a modest output rise expected at Sunday's OPEC decision, uncertainty over the impact of the latest sanctions against Russia and US/China trade optimism. Diesel cracks are supported by US sanctions, disruption at Kuwait's Al-Zour refinery and escalating Ukrainian threats of attacks against Russian refineries. * Analyst Views: See oil market outlooks and view from key industry analysts.
Oct-29 15:41Download Full PDF Here:: https://media.marketnews.com/MNI_Oil_Weekly_Supply_Signals_Pressure_Crude_18dd3 8147f.pdf Executive Summary: * Supply Signals Pressure Crude: A number of key signals point to oversupply for global crude markets into October, a fear widely touted earlier this year once OPEC+ meaningfully began unwinding voluntary cuts. * Oil Markets: Crude markets have rallied amid reports that the US and India are closer to a trade deal after bearish sentiment weighed on crude pricing last week. Gasoline cracks are facing pressure this week from the Dangote gasoline unit restart while diesel cracks have risen this week after further Ukrainian strikes on Russian oil refineries. * Analyst Views: See oil market views and outlooks from key industry names.
Oct-22 15:42Research
Download full report here: https://media.marketnews.com/MNI_Winter_25_26_Preview_af0459492c.pdf Executive Summary: * L48 Natgas market is trending long heading into winter requiring additional demand to work off excess gas in storage ahead of next summer. * Without a colder-than-normal winter, this demand is unlikely to be realized, and the latest weather outlooks suggest the season could trend warm. * As a result, there may be downside Henry Hub risk as forward prices are currently above historical average settlements.
Oct-29 13:31Download Full Report Here: https://media.marketnews.com/Russian_Oil_Sanctions_Overview_and_Implications_25 da5fbd88.pdf * Executive Summary: The U.S. has initiated new sanctions on leading Russian crude exporters Rosneft and Lukoil. * China and India are most affected by the new measures, with importers suspending purchases in the near-term * In the longer-term, India's imports are expected to be more impacted than Russia-China flows. * Download Full Report Here: https://media.marketnews.com/Russian_Oil_Sanctions_Overview_and_Implications_ 25da5fbd88.pdf
Oct-23 17:13Download Full Report Here: https://media.marketnews.com/Energy_Intel_Conference_c02a5ed956.pdf Executive Summary: * Industry leaders see no end in sight to oil demand, calling for an energy addition rather than transition. * Gas producers highlighted the fuel's reliability and shrugged off concerns for a looming surplus. * A more practical policy approach to net zero was called for as current targets look unachievable. * As the global security structures upend, energy sovereignty is taking on greater importance. * Download Full Report Here: https://media.marketnews.com/Energy_Intel_Conference_c02a5ed956.pdf
Oct-17 10:14Download Full Report Here: https://media.marketnews.com/MNI_Iranian_Crude_Flows_But_Risks_Grow_on_JCPOA_Co llapse_39bef02275.pdf Executive Summary: * The return of snapback sanctions on Iran in and of itself is unlikely to impact its oil exports. * Chinese buyers are likely to continue buying Iranian crude, using circumvention methods to obtain it. * The real risk to the collapse of the JCPOA is worsening diplomatic relations with Iran and the West. * An even more isolated Iran risks a renewed conflict with Israel, putting Persian Gulf oil flows in jeopardy. * Download Full Report Here: https://media.marketnews.com/MNI_Iranian_Crude_Flows_But_Risks_Grow_on_JCPOA_ Collapse_39bef02275.pdf
Oct-02 13:19Natgas & LNG Analysis
MNI Gas Weekly - Market Tamed by Healthy Supply.pdf: https://media.marketnews.com/MNI_Gas_Weekly_Market_Tamed_by_Healthy_Supply_dec7 f2155c.pdf Executive Summary: * European Gas Benchmarks see some upside on colder weather forecasts. * Asia's LNG market is struggling for upside support as the region remains well supplied. * In the Middle East & Africa, Egypt is looking to buy additional LNG cargoes. * Henry Hub had a turbulent week amid moves in underlying fundamentals. * In the Americas, Pemex is planning to assign hydrocarbon projects to private sector partners.
Nov-12 12:38Download Full Report Here:: https://media.marketnews.com/MNI_Gas_Weekly_Market_Takes_Stock_Ahead_of_Winter_ 7e2d7dc76c.pdf Executive Summary: * European Gas Benchmarks remain rangebound overall with wind/temperature forecasts in focus. * Asia's LNG market continues to see soft demand pressure prices. * In the Middle East & Africa, an Israel-Egypt gas deal is being held up by the former's government. * Henry Hub is finding a boost from short-term heating demand and record LNG feedgas flows. * In the Americas, Eni and YPF signed a deal to include ADNOC's XRG in the Argentina LNG project.
Nov-05 12:24Download Full Report Here: https://media.marketnews.com/29_10_2025_Gas_Weekly_e4bed8b9ee.pdf Executive Summary: * European Gas Benchmarks have fallen near October-lows amid milder weather forecasts. * Asia's LNG market is seeing a cold snap weighed against ample supply. * In the Middle East & Africa, Total\energies is close to restarting Mozambique LNG. * Henry Hub fell as expectations for the first seasonal heating demand diminished. * In the Americas, Venezuela halted gas deal with Trinidad. * Download Full Report Here: https://media.marketnews.com/29_10_2025_Gas_Weekly_e4bed8b9ee.pdf
Oct-29 12:27Download Full Report Here: : https://media.marketnews.com/MNI_Gas_Weekly_China_s_LNG_Appetite_Abates_67e0f66 f9e.pdf Executive Summary: * European Gas Benchmarks weigh signs of increased competition for LNG against healthy fundamentals. * Asia's LNG market is set to face renewed pressure as Chinese buyers stay out of the market for the remainder of the year. * In the Middle East & Africa, Egypt is looking to free up more LNG cargoes for export. * Henry Hub surged higher with cooler weather forecasts in the driver's seat. * In the Americas, Mexico's imports of US natgas hit a record high in May.
Oct-22 12:25Refinery Maintenance
Download Full Report Here: https://media.marketnews.com/Ukrainian_Drone_Strike_Tracker_7095b02cda.pdf Executive Summary * The document lists reported Ukrainian drone attacks on Russian refining facilities since October. * Download Full Report Here: https://media.marketnews.com/Ukrainian_Drone_Strike_Tracker_7095b02cda.pdf
Nov-11 15:22Download Full Document Here:: https://media.marketnews.com/MNI_European_Refining_Oct_Nov_2025_65c5b7738b.pdf See key refinery maintenance highlights across Europe through October/November 2025. All entries were covered in greater detail with follow ups on the MNI real-time service.
Nov-11 14:29Download Full Document Here: : https://media.marketnews.com/MNI_U_S_Refinery_Highlights_Q3_36be329748.pdf Executive Summary: See highlights from U.S. refining sector based on the latest Q3 calls. Themes focus on individual refinery developments, refining margins, crude diff outlooks and upcoming California dynamics. * Most of the U.S refiners were commenting on thoughts around the California market as key refineries close and the market becomes structurally shorter and dependent on imports.
Nov-07 17:17Download Full Document Here:: https://media.marketnews.com/MNI_US_Refining_Oct_Nov_2025_fd28d932ce.pdf * See coverage highlights via link from the MNI real time commodity service in October and early November covering U.S. refining. The real time service covered the examples in greater detail with further updates and context as stories developed. This document acts as a summary of the key developments and timelines:
Nov-06 14:05Political Drivers For Energy
Download Full Report Here: https://media.marketnews.com/Key_Political_Drivers_of_Energy_Markets_Nov_10_16_ 3f0d8bfb4e.pdf Executive Summary: * After Trump granted Hungary a waiver to continue buying Russian oil, the market will watch for indicators around the US' willingness to enforce measures. * Mixed messages continue from the Trump administration towards Venezuela, as it hopes to drive Maduro out of power without military intervention. * Download Full Report Here: https://media.marketnews.com/Key_Political_Drivers_of_Energy_Markets_Nov_10_1 6_3f0d8bfb4e.pdf
Nov-10 13:15Download Full Report Here: https://media.marketnews.com/Key_Political_Drivers_of_Energy_Markets_Nov_3_9_f1 47f3c125.pdf Executive Summary: * Buyers of Russian oil continue to look for alternatives ahead of the sanctions on Rosneft and Lukoil from Nov. 21. * The market continues to see conflicting accounts towards the US military build-up around Venezuela. * Download Full Report Here: https://media.marketnews.com/Key_Political_Drivers_of_Energy_Markets_Nov_3_9_ f147f3c125.pdf
Nov-03 13:14Download Full Report Here: https://media.marketnews.com/Key_Political_Drivers_of_Energy_Markets_Oct_27_Nov _2_a9a7fb0bfc.pdf Executive Summary: * The U.S. announced sanctions on Russia's Lukoil and Rosneft last week, likely disrupting exports to India and China. * Key to watch will be the U.S' determination to enforce the sanctions, and the circumvention measures employed to overcome them. * U.S. and Chinese officials have sketched out a trade deal framework. * Download Full Report Here: https://media.marketnews.com/Key_Political_Drivers_of_Energy_Markets_Oct_27_N ov_2_a9a7fb0bfc.pdf
Oct-27 13:32Download Full Report Here: https://media.marketnews.com/Key_Political_Drivers_of_Energy_Markets_Oct_20_26_ a18074b479.pdf Executive Summary: * Trump refrained from providing Ukraine with long-range Tomahawk missiles, withdrawing to a more neutral stance on the conflict post his call with Putin * With a summit in Budapest being planned, Trump is unlikely to take any new measures on Russian energy * Download Full Report Here: https://media.marketnews.com/Key_Political_Drivers_of_Energy_Markets_Oct_20_2 6_a18074b479.pdf
Oct-20 11:51Commodities Macro
The FOMC is unanimously expected to cut the Fed funds rate by 25bp at the October meeting, per 31 previews seen by MNI.
October 27, 2025 21:36The Federal Reserve is overwhelmingly expected to cut the funds rate by 25bp for a 2nd consecutive meeting.
October 24, 2025 21:05All but 2 analysts expect a 25bp cut at the September FOMC.
September 15, 2025 16:52The Federal Reserve is set to resume its easing cycle at the September 16-17 meeting.
September 12, 2025 21:15Carbon Market Research
Download Full Report Here:: https://media.marketnews.com/MNI_Power_Service_Market_Reaction_of_EU_Environmen t_Council_Meeting_e35e31ff69.pdf Executive Summary: * The European Environment Council on 5 November agreed on the 2040 Climate Target and the 2035 NDC, as well as the EU ETS2 delay by one year. * Reactions from market participants have been mixed especially on the delay of ETS2, with sharp criticism from pro-environmental groups, while some European parties are even pushing for further delays.
Nov-07 15:47Download Full Report Here:: https://media.marketnews.com/MNI_Carbon_Monthly_Review_and_Outlook_November_5e4 8328163.pdf Executive Summary: * EU Climate Target 2040/NDC 2035: The EU's Climate Target for 2040 and 2035 Nationally Determined Contribution (NDC) are still in limbo with a vote scheduled to take place at the next EU Environment Council meeting on 4 November. The EU faces a ticking clock, with the 4 November meeting as the final opportunity to officially submit its NDC ahead of COP30.
Oct-30 15:57Download Full Report Here: https://media.marketnews.com/MNI_Carbon_Monthly_Policy_Monitor_e1dbaa0887.pdf: Executive Summary: * EU Climate Target 2040: The EU's 2040 climate target remains undecided following the postponement of a European Parliament vote on Ondrej Knotek's proposal to reject the target, originally scheduled for 23 September. Environment Commissioner Teresa Ribera has said the bloc aims to finalise the target "in the coming weeks." * EU 2035 NDC: The EU Environment Council has approved a statement of intent outlining its indicative 2035 Nationally Determined Contribution (NDC) - a 66.25-72.5% GHG reduction vs 1990 levels. The final NDC is expected to be submitted ahead of COP30 in November.
Sep-29 13:03
