Free Trial

Highlights of November JODI Oil Data

OIL

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.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.