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Highlights of November JODI Oil Data


The latest November JODI oil data highlights.

  • Saudi Arabian crude oil exports rose by 39kbpd month on month to 6.34mbpd, the highest level in five months. The kingdom’s crude oil production edged down by 122kbpd on the month to 8.82mbpd.
  • Refinery runs in Saudi Arabia edged down by 27kbpd on the month to 2.09mbpd.
  • November US crude oil production fell by 71kbpd to 13.18mbpd. Crude exports rose by 569kbpd to 4.68mbpd.
  • China’s crude oil imports plunged by 1.2mbpd on the month to 10.36mbpd in November, the lowest in four months. The country’s product demand declined by 1.1mbpd to 15.2mbpd.
  • Chinese product exports in November edged higher by 24kbpd to 1.30mbpd. November refinery runs dipped by 1.12mbpd to 14.53mbpd.

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