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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Oil price suffers losses on Thursday, trading over a percentage point down at the time of writing, after the US Dollar – which Oil is primarily priced and traded in – makes gains and data from the Energy Information Administration (EIA) showed a larger-than-expected rise in inventories ...
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Rising demand in China and the United States sent global oil demand surging by 3 million barrels per day (bpd) in March compared to February and hitting the highest level on record, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. ...
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Oil prices settle down 1 per cent as strong U.S. data boosts dollar ...
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Saudi Arabia’s crude oil exports rose marginally in March from the previous month, data from the Joint Organisations Data Initiative (JODI) showed on Thursday. ...
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Kuwait's naphtha exports in March were the highest in any month since at least 2019, boosted by the start of the latest phase at the 615,000 b/d al-Zour refinery. ...
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Turkey is loading up on millions of barrels of diesel from Russia that European Union countries can no longer buy. Shipments of diesel-type fuel into Turkey from Russia last month soared to the highest in at least seven years, Vortexa Ltd. data compiled by Bloomberg show. ...
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Saudi Arabia's crude production rose by 18,000 barrels per day to 10.45 million in January, while global crude production fell for a third consecutive month to a seven-month low, according to the latest data from the Joint Organizations Data Initiative. ...
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Crude oil production worldwide fell to a seven-month low in January, dragged down by lower output in major producers Canada, Iraq, Russia, and Bahrain, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. ...
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Saudi Arabia's crude oil exports rose by 221,000 barrels per day (bpd) to a three-month high of 7.66 million bpd in January, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. ...
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Oil finished lower on Wednesday, with U.S. crude futures registering a sixth consecutive session decline, pressured by expectations that aggressive interest-rate hikes by the Federal Reserve could lead to a recession and hurt energy demand. ...
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Oil prices fell in morning trade on Tuesday on a strong dollar and concerns about further monetary tightening by the US Federal Reserve. Brent, the benchmark for two thirds of the world’s oil, was trading 0.51 per cent lower at $83.64 a barrel at 12.47am UAE time. ...
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Saudi Arabia’s crude oil exports rose in December after falling to a five-month low the previous month, data from the Joint Organisations Data Initiative (JODI) showed on Monday. ...
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Global oil demand surged by 1.3 million barrels per day (bpd) to a new record high in December, with total demand at 102% above the pre-Covid levels in December 2019, data from the Joint Organizations Data Initiative (JODI) showed on Monday. ...
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Global oil demand was at 102 percent of pre-pandemic levels in December 2022, primarily driven by gains in Japan, Indonesia, and South Korea, the latest data from the Joint Organizations Data Initiative revealed. ...
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Saudi Arabia's crude oil exports fell to a five-month low in November, while production also slipped, data from the Joint Organisations Data Initiative (JODI) showed on Thursday, Reuters reported. ...
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The US West Texas Intermediate (WTI) crude oil futures for March delivery rose by 0.40% to $80.93 per barrel. Likewise, the Brent contracts increased by 0.32% to $86.44 a barrel. It was the highest closing level for both benchmarks. ...
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Saudi Arabia's crude oil exports fell to a five-month low in November, while production also slipped, data from the Joint Organisations Data Initiative (JODI) showed on Thursday. ...
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Solid demand in China, India, and Japan lifted global oil demand by 1.7 million barrels per day (bpd) in November to the highest level since February 2022, new data from the Joint Organizations Data Initiative (JODI) showed on Thursday. ...
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Saudi Arabia’s crude oil exports hit a five-month low in November 2022, as it declined to 7.28 million barrels per day from 7.7 million bpd in October, the International Energy Forum said on Thursday, citing data from the Joint Organizations Data Initiative. ...
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