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JODI Figures Show Increased Demand

OIL

JODI Oil update by the numbers - 52 countries updated the database with the most recent March 2022 data:

  • Oil demand from the submitted data was at 101% of March 2019 levels.
  • Crude production was at 97% of March 2019 levels.
  • Crude stocks were at 284mn bbls below the 5-year average.

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