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New Data Shows Oil Demand Exceeded 2019 Levels in March, Production Lags | Hellenic Shipping News Worldwide

New data from the Joint Organizations Data Initiative (JODI) shows that global oil demand surpassed pre-pandemic levels in March, while production of crude oil was stuck at 97 percent of the level before the onset of COVID-19. The JODI oil and gas databases were updated on Monday with more than 50 countries reporting data for .

Saudi arabiaUnited statesUnited kingdomOrganizations data initiativeJoint organizations data initiative

$5 gas could become widespread as prices hit another record

Prices at the pump continue to shatter records ahead of Memorial Day weekend.

United statesSakhalinskaya oblastAndy lipowRobert yawgerInternational energy forumOrganizations data initiativeWarnermedia companyLipow oil associatesUs energy information administrationCable news network incMemorial dayJoint organizations data initiativeNews networkAndy lipow

Saudi Arabia crude oil exports fall in March | Hellenic Shipping News Worldwide

Saudi Arabia’s crude oil exports in March fell to 7.235 million barrels per day, official data showed on Monday. Crude oil exports in March fell about 1% from about 7.307 million bpd reported for February. Meanwhile, the world’s largest oil exporter’s March crude production rose to its highest level in about two years at 10.300 .

Saudi arabiaAr riyaEdmund blairAshitha shivaprasadOrganization of the petroleum exporting countriesOrganizations data initiativePetroleum exporting countriesJoint organizations data initiative

$5 gas could become widespread as prices hit another record

Prices at the pump continue to shatter records ahead of Memorial Day weekend.

United statesAndy lipowUs energy information administrationInternational energy forumLipow oil associatesOrganizations data initiativeWarnermedia companyCable news network incMemorial dayJoint organizations data initiativeNews networkWicked reportsInance and investmentsUsiness and industry sectorsConomy and tradeCommodity markets

Saudi Arabia crude oil exports fall in March

Saudi Arabia crude oil exports fall in March
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Saudi arabiaAr riyaEdmund blairAshitha shivaprasadOrganization of the petroleum exporting countriesOrganizations data initiativePetroleum exporting countriesJoint organizations data initiative