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1. JODI-Oil World Database: 1st update on 19 April 2021 - Data up to February 2021
2. 61 countries updated the database with the most recent February 2021 data.
Saudi Arabia
Figure 1: Saudi Arabia Total Oil (Crude Oil and Oil Products) Exports
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from the voluntary crude oil production cut, February Saudi total oil (crude oil and total oil products) exports in fell month-on-month by 987 KBD to 6.86 MBD.
Figure 2: Saudi Arabia Crude Oil closing Stocks
Saudi crude oil closing stocks in February fell month-on-month again by 2.63 MBBL to all-time-low of 134.58MBBL since monitoring began in 2002.
Figure 3: Saudi Arabia Total Oil Products closing Stocks
Saudi total oil products closing stock level in February rose again month-on-month by 3.58 MBBL to its historical high of 100.69 MBBL.
Figure 4: Saudi Arabia Total Oil Products Demand
Saudi total oil products demand in February rose month-on-month by 70 KBD from its post-pandemic low to 1.89 MBD.
Russia
Figure 5: Russia Crude Oil Production
Russian crude oil production in February fell month-on-month by 70 KBD to 9.40 MBD.
Figure 6: Russia Crude Oil Exports
Russian crude oil exports in January fell month-on-month by 498 KBD to its historical low of 3.70 MBD.
Figure 7: Russia Crude Oil Refinery Intakes
Russian crude oil refinery intakes in February rose month-on-month by 291 KBD to 5.77 MBD.
USA
Figure 8: USA Liquid Production
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liquid production in February fell month-on-month by 609 KBD to 15.66 MBD.
Figure 9: USA Net Oil Trade (Imports)
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US total oil (crude oil and total oil products) trade registered another net imports since last June at 392 KBD.
Figure 10: USA Net Oil Trade (Exports)
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US total oil (crude oil and total oil products) trade registered another net imports since last June at 392 KBD.
Figure 11: US Crude Oil Closing Stocks
US crude oil closing stock level in February rose month-on-month by 14.35 MBBL to 1128.29 MBD.
Figure 12: US Middle Distillate Closing Stocks
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middle distillate closing stock level in February sharply fell month-on-month by 29.76 MBBL to 211.12 MBBL. This is likely due to refinery shutdowns caused by severely cold weather in Texas.
Canada
Figure 13: Canada Crude Oil Production
Canadian crude oil production in February rose month-on-month by 213 KBD to 3.76 MBD.
Figure 14: Canada Crude Oil Exports
Canadian crude oil exports in February rose month-on-month by 217 KBD to 3.21 MBD.
China
Figure 15: China Crude Oil Production
Chinese crude oil production in February sharply rose month-on-month by 287 KBD to 4.13 MBD
Figure 16: China Crude Oil Imports
Chinese crude oil imports rose month-on-month by 802 KBD to 11.53 MBD, registering the second highest level since monitoring began in 2002.
India
Figure 17: India Crude Oil Imports
Indian crude oil imports in February further fell two consecutive months from its post-COVID high registered in December by 861 KBD 4.01 MBD.
Figure 18: India Crude Oil Refinery Intake
Indian crude oil refinery intake in fell month-on-month by 306 KBD to 4.88 MBD.
Japan
Figure 19: Japan Crude Oil Imports
Japanese crude oil imports in February virtually unchanged month-on-month at 255 MBD.
Figure 20: Japan Crude Oil Closing Stocks
Japanese crude oil stock level in February rosed month-on-month by 7.51MBD to 369.34 MBBL.
Figure 21: Japan Total Oil Products Demand
Japanese total oil products demand in February rose month-on-month by 116 KBD to 3.99 MBD.
Figure 22: Japan Middle Distillate Closing Stocks
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middle distillate closing stock level in February fell month-on-month by 3.21 MBD to 42.82 MBBL.
Korea
Figure 23: Korea Crude Oil Imports
Korean crude oil imports in rose month-on-month by 180 KBD to 2.66 MBD.
Figure 24: Korea Crude Oil Closing Stocks
Korean crude oil closing stock level in February rose month-on-month by 744 KBBL to 124.18 MBBL.
Figure 25: Korea Total Oil Products Demand
Korean total oil products demand in February rose month-on-month by 182 KBD to 2.87 MBD registering first year-on-year increase since last May.
Figure 26: Korea Middle Distillate Closing Stocks
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middle distillate closing stock level in February further rose month-on-month by 3.75 MBBL to 38.14 MBBL.
UK
Figure 27: UK Crude Oil Closing Stocks
While its January figure was revised upward, UK crude oil closing stock level in February fell month-on-month again by 1.81 MBBL to its all-time low of 25.65 MBBL since monitoring began in 2002.
Figure 28: UK Total Oil Products Closing Stocks
Having hit the all-time high in January, February UK total oil products closing stock level sharply fell month-on-month by 5.44 MBBL to 48.76 MBD.
Figure 29: UK Total Oil Products Demand
UK total oil products demand in February rose month-on-month by 205 KBD to 1.29 MBD.
Figure 30: UK Middle Distillate Closing Stocks
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middle distillate closing stock level in February fell month-on-month by 3.36 MBBL to 29.89 MBBL.
Germany
Figure 31: Germany Crude oil Closing Stocks
While its January figure was revised upward, German crude oil closing stock level in February fell month-on-month by 1.98 KBBL to 153.44 MBBL.
Figure 32: Germany Total Oil Products Demand
Having hit the historical low in previous month, German total oil products demand in February rose month-on-month by 289 KBD to 2.09 MBD.
Figure 33: Germany Middle Distillate Closing Stocks
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its December figure was revised upward, German middle distillate closing stock level in February fell month-on-month by 4.08 KBBL to 84.92 MBBL.