Global oil demand surged by 1.8 million barrels per day in March 2025 compared to the previous year, driven largely by increased consumption in the US, Italy, and Saudi Arabia, according to the latest JODI data released by the International Energy Forum. ...
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Saudi Arabia’s crude oil production rose to 8.96 million barrels per day in March, reflecting a 0.11 percent monthly increase, according to the latest Joint Organizations Data Initiative data. ...
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Kuwait's oil product output and exports reached record highs in 2024, driven by the full ramp-up of the 615,000 b/d al-Zour refinery. ...
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Saudi Arabia’s monthly crude oil exports fell 1% in December, data from the Joint Organizations Data Initiative (JODI) showed on Tuesday.
Crude exports from the world’s largest exporter in December fell 1% to 6.146 million barrels per day (bpd) from 6.206 million bpd in November. ...
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Egypt, a North African country, has secured a whopping $3 billion deal with two oil majors, TotalEnergies and Shell Plc, for liquefied natural gas (LNG) projects aimed at boosting the nation’s gas supply.
Sources familiar with the matter informed Reuters that the deal will help the country secure 60 cargoes of liquefied natural gas (LNG) for 2025. ...
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Saudi Arabia's crude oil exports in November jumped to their highest level in eight months, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. ...
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Oil prices dropped over 5 per cent yesterday after Iran’s Ayatollah Ali Khamenei over the weekend seemed to play down the prospect of re-retaliatory strikes against Israel. With the risk of a full-blown war between the two states having abated for at least a few more minutes, attention among oil investors "is once again shifting back to market fundamentals," JPMorgan analysts write. ...
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Saudi Arabia, the world's largest oil exporter, witnessed a decline of 0.2 percent in crude oil exports, marking the second consecutive month of decline in January, according to data from the Joint Organizations Data Initiative (JODI). ...
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Saudi Arabia's crude production increased by 12,000 barrels per day in January to 8.96 million bpd, representing a monthly rise of 0.22 percent, a study showed ...
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Saudi Arabia's crude oil exports fell in January for a second straight month, data from the Joint Organizations Data Initiative (JODI) showed on Monday. ...
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Japan's gas inventories are well above normal for the time of year, part of a worldwide surplus in response to the period of exceptionally high prices stemming from Russia’s invasion of Ukraine in 2022. ...
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Saudi Arabia’s crude production increased to 8.94 million barrels per day in December 2023, a monthly rise of 1.43 percent, according to a Joint Organizations Data Initiative study. ...
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The diesel market in Europe is flashing signs of tightness as refinery halts and Red Sea disruption squeeze supplies of a fuel that helps to power the continent’s economy. ...
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Saudi Arabia's crude oil exports in November climbed to their highest level in five months and marked a third straight rise, data from the Joint Organizations Data Initiative (JODI) showed on Monday. ...
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Saudi Arabia's crude oil exports in November climbed to their highest level in five months and marked a third straight rise, data from the Joint Organizations Data Initiative (JODI) showed on Monday. ...
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Saudi Arabia reined in gasoline exports in October as regional supplies remained tight because of domestic refinery turnarounds in the fourth quarter. ...
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Saudi Arabia’s crude exports hit a 4-month high at 6.3 million barrels per day in October, according to the most recent figures from the Joint Organizations Data Initiative. ...
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Major stock markets in the Gulf fell in early trade on Tuesday on volatile oil prices, while the global rally in anticipation of U.S. rate cuts began to run out of puff. ...
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Saudi Arabia's crude oil exports in October hit their highest level in four months, data from the Joint Organizations Data Initiative (JODI) showed on Monday. ...
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The world’s largest energy exporter, Saudi Arabia, has experienced a significant decline in its total exports, encompassing both oil and non-oil exports, according to media reports. ...
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Saudi Arabia's total exports, including both oil and non-oil exports, fell 25% year-on-year (YoY) in March 2023 to 106 billion royals ($28 billion) from SAR 142 billion. ...
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Global oil demand rose by 3.0 mb/d month-on-month in March to the highest level ever recorded by Joint Organisations Data Initiative (JODI)-reporting countries, driven by growth in China and the US. ...
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Oil prices rose Friday, adding to the week’s strong gains with the market benefiting from the risk-on sentiment generated by the fading risk of a U.S. debt default. ...
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Global crude oil production, however, fell by 0.5 mbd in March, on account of lower production in the US, China, Angola, Canada, and the UK. ...
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RIYADH: Saudi Arabia’s crude oil exports increased by 68,000 barrels per day to 7.52 million bpd in March, from 7.45 mbpd in February, according to the latest report released by the Joint Organisations Data Initiative. ...
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