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1. JODI-Oil World Database: 1st update on 18 March 2019 - Data up to January 2019
2. 56 countries updated the database with the most recent January 2019 data.
3. This update does not include data from countries reported through OLADE.
4. Check out our new JODI-Oil Chart Books feature.
USA
Figure 1: US Crude Oil Production
US crude oil production rose by 32 KBD month-on-month to its all-time high of 11.88 MBD in January.
Figure 2: US Crude Oil Closing Stocks
US crude oil closing stocks in January rose by 5.41 MBBL month-to-month to 1096 MBBL.
Saudi Arabia
Figure 3: Saudi Arabia Crude Oil and Total Oil Products Exports
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Figure 4: Saudi Arabia Crude Oil and Total Oil Products Closing Stocks
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Russia
Figure 5: Russia Crude Oil Production
Russian crude oil production fell by 79 KEB month-on-month to 10.65 MBD from its historical high registered at average 10.7 MBD between July and December.
Figure 6: Russia Crude Oil Refinery Intakes
Russian crude oil refinery intakes in January fell by 74 KBD month-on-month to 5.96 KBD while registering the highest year-on-year level since monitoring began in 2002.
China
Figure 7: China Crude Oil Production
Chinese crude oil production in December rose by 67 KBD month-on-month to 3.86 MBD registering the third yet first significant year-on-year increase in 2018.
Figure 8: China Crude Oil Imports
In the wake of November’s all-time high of 10.46 MBD, Chinese crude oil imports fell in December to 10.34 MBD