Tag Archives: Joint Organisations Data Initiative (JODI)

Oil prices rose to over one-month highs on Tuesday as a weaker U.S. dollar supported commodities and on expectations that crude inventories fell in the United States, the world’s biggest oil user, though rising coronavirus cases in Asia capped gains. Brent crude futures for June delivery had risen by 66 …

The United States retained its leadership in oil output worldwide, the Joint Oil Data Initiative (JODI) said in a new update. Russia won the second place whilst Saudi Arabia came third. As for both oil output and processing, in June, Russia saw a slight change month-on-month. The U.S. oil production …

The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.

Artificial intelligence has been making inroads into the oil and gas industry for a while.

There is currently insufficient data on oil inventories in JODI’s databases.

Project will be offered to other companies. no agreement is reached by February. oil minister said.

OPEC is to meet in November to discuss a possible extension of the deal beyond March.

The last time Moscow surpassed Riyadh in crude production was in December 2016 when Russia extracted 10.49 million against 10.465 by Saudi Arabia.

The market data from JODI shows that Russia remains the world’s largest oil producer.

Saudi Arabia’s crude exports declined to 8 million barrels a day in December.