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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Saudi Energy Minister Prince Abdulaziz bin Salman and Zhang Jianhua, China’s National Energy Administrator, have stressed the importance of “long-term” and “reliable” crude oil supplies during a phone call. ...
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Saudi Arabia’s crude oil exports hit a more than two-year high of 7.6 million barrels per day in August, according to data from the Joint Organization Data Initiative. ...
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Global oil demand rebounded in August, climbing by more than 2.0 mb/d, after falling counter-seasonally in July, according to new data from the Joint Organizations Data Initiative (JODI). ...
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The most recent data released by the Joint Organizations Data Initiative (JODI) suggests that global oil demand rebounded during the month of August this year. ...
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After a counter-seasonal drop in July, global oil demand rebounded in August by 2 million barrels per day (bpd) to reach 99 percent of pre-Covid levels, data from the Joint Organizations Data Initiative (JODI) showed on Monday. ...
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Saudi Arabia’s crude oil exports hit a more than two-year high of 7.6 million barrels per day in August, according to data from the Joint Organization Data Initiative. ...
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Crude oil exports rose for their third straight month to hit 7.601 million bpd in August, up 217,000 bpd on the month and at its highest in more than two years. ...
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Saudi Arabia's crude oil exports rose for a third straight month in August to their highest in more than two years, data from the Joint Organisation Data Initiative (JODI) showed on Monday. ...
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Saudi Arabia’s refinery output has inched lower for the third month in a row, while oil product exports met the same fate, the Joint Organizations Data Initiative reported. ...
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Saudi Arabia’s non-oil exports grew more than 26% year-on-year in July 2022 to hit SAR26.7 billion riyals ($7.1 billion), data issued by the Saudi General Authority for Statistics on Wednesday showed. ...
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Saudi Arabia’s non-oil exports grew more than 26% year-on-year in July 2022 to hit SAR26.7 billion riyals ($7.1 billion), data issued by the Saudi General Authority for Statistics on Wednesday showed. ...
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Global oil demand fell by an estimated 1.1 million barrels per day (bpd) in July this year the latest data from the Joint Organizations Data Initiative (JODI) showed on Monday. Historically, global oil demand normally rises rather than falls in July. ...
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Global oil demand fell counter-seasonally in July by approximately 1.1 million barrels per day (mb/d), driven by declines in OECD Europe, India, China, Saudi Arabia, and Indonesia, new data from the Joint Organizations Data Initiative (JODI) shows. ...
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Global oil demand fell by an estimated 1.1 million barrels per day (bpd) in July this year the latest data from the Joint Organizations Data Initiative (JODI) showed on Monday. Historically, global oil demand normally rises rather than falls in July. ...
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Oil eked out a meager gain as the dollar weakened, with much of the market waiting to see what the Federal Reserve will decide regarding rate hikes when it meets later this week. ...
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