月度石油与天然气数据回顾

1May 2025 JODI Oil update by the numbers: Month-on-Month48countries updated the database with the most recent March 2025 data+793kb/dvs. February 2025Oil Demand+313kb/dvs. February 2025Refinery Intake+288kb/dvs. February 2025Crude Production+29.2mbvs. February 2025Crude Inventories+217kb/dvs. February 2025NGL Production-21.1mbvs. February 2025Product Inventories JODI Oil update by the numbers: Year-on-Year48countries updated the database with the most recent March 2025 data+1.8mb/dvs.March2024Oil Demand-178kb/dvs. March 2024Refinery Intake+325kb/dvs. March 2024Crude Production-162mbvs. 5-year averageCrude Inventories+412kb/dvs. March 2024NGL Production-34mbvs. 5-year averageProduct Inventories Oil Overview: Update with Data Through March 2025•Oil demand in JODI-reporting countries rose in March by 793 kb/d month-on-month (m/m) and by 1.8mb/d year-on-year (y/y).•The m/m growth was driven mainly by higher demand in the US (+1.1 mb/d), followed by Italy(+395 kb/d), and Saudi Arabia (+223 kb/d).•The y/y increase was driven mainly by higher crude oil demand from the US (~ +1.5 mb/d), Italy(+371 kb/d), Nigeria (+219 kb/d), and Saudi Arabia (+107 kb/d).•The global Gasoline demand in the preliminary JODI reporting countries rose by 703 kb/d, and JetFuel by 262 kb/d, m/m. Diesel demand in contrast declined by 558 kb/d, and LPG by 596 kb/dm/m.•Global Crude oil production in JODI-reporting countries was up by 288 kb/d m/m and up by 325 kb/dy/y.•The m/m and y/y growth noted an increase of oil production mainly from the US.•Crude inventories in JODI-reporting countries were up by 29.2 mb in March m/m, settling at 162 mbbelow the 5-year average.•Product inventories were down by 21.1 mb, m/m and settled at 34.2 mb below the 5-year average. 4 JODI Gas update by the numbers55countries updated the database with the most recentMarch2025 data-10.3bcmvs. March 2024Gas Demand-35.5bcmvs. February 2025Gas Demand-10.4bcmvs. March 2024Gas Production+14.3bcmvs. February 2025Gas Production -11bcmvs. 5-year averageGas Inventories-4.4vs. February 2025Gas Inventories Gas Overview: Update with Data Through March 2025•Natural gas production in JODI-reporting countries rose in March by 14.3bcmm/m but went down by10.4bcmy/y.•The month-on-month growth was mainly driven by Russia (+ ~ 7.1bcm), Qatar (+2.1bcm), Australia(+1.6bcm), Nigeria (+ ~ 1bcm), and Norway(+0.6bcm).•The year-on-year decline was driven by a decrease of natural gas production from the US (-7.1bcm),Canada (-1.3bcm), Russia (-1.2bcm), Egypt (-0.8bcm), Norway (-0.7bcm) and Australia (-0.4bcm).This decline was curbed by an increase of natural gas production from Nigeria (+0.85bcm), andQatar (+0.82bcm).•Natural gas demand in JODI-reporting countries declined in March by 35.5bcmm/m settling at lowerlevel than the last 5-year average.•The month-on-month decline was driven by lower natural gas demand from the US (~-20bcm),Canada (-4bcm), Germany (-2.9bcm),Turkye(-2.3bcm), South Korea (~-1.4bcm),Japan (~-1.2bcm), Italy (~-1bcm) and France (-0.7bcm).•EU+UK natural gas demand was down by 8.1bcmm/m to settle at 37.7bcmin March.•Total gas inventories declined in March by 4.4bcmm/m, and by 31.8 bcmy/y.•EU+UK inventories were down by 4.5 in March m/m to settle at 12.6bcmlower than the 5-yearaverage. Oil Highlights*Aggregated figures use the total for countries that have reported data every month since January 2020 Oildemandroseby793kb/dm/minMarch,andby1.8mb/dy/y Gasolinedemandwasupby703kb/dinMarchwhileDieseldemanddeclinedby558kb/dm/m9 LPG demand declined by 596 kb/d in March andNaphtha by 29 kb/d m/m Saudi Arabia Crude production was up by 10 kb/d inMarch while Exports were down by 793 kb/d Japan total product demand declined by 232 kb/d inMarch while crude imports rose by 176 kb/d m/m Crude production was up by 288 kb/d in March andNGL production rose by 217 kb/d Crude inventories rose by 29.2 mb in March whileproduct inventories were down by 21.1 mb m/m Gas Highlights*Aggregated figures use the total for countries that have reported data every month since January 2020 Gasproductionwasupby14.3bcminMarchm/m,anddownby10.4bcmy/y16 NaturalgasdemandinMarchdeclinedby35.5bcmandby10.4bcmy/y17 Naturalgas inventories were down by 4.4 bcm inMarch,andby31.9bcmy/y18 EU+UKgasdemandwasdownby8.1bcminMarchandinventoriesby4.5bcmm/m19