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JODI Oil update

OIL
  • Global oil demand (excluding China) increased by 1.0mbd m/m, led by gains in the Middle East and Asia.
  • Crude production also increased by 1.0mbpd, driven by rebounding Russian production.
  • The June data submissions account for more than 55 percent of global oil demand and 60 percent of global crude production.

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  • Global oil demand (excluding China) increased by 1.0mbd m/m, led by gains in the Middle East and Asia.
  • Crude production also increased by 1.0mbpd, driven by rebounding Russian production.
  • The June data submissions account for more than 55 percent of global oil demand and 60 percent of global crude production.