Global oil demand surged in September, surpassing pre-Covid levels in September 2019 by nearly 1 million barrels per day (bpd), new data from the Joint Organizations Data Initiative (JODI) showed on Thursday.

Global oil demand seasonally rose to the second-highest level this year in September, according to JODI data shared by the Riyadh-based International Energy Forum (IEF).

In September, global oil demand was at 101 percent of pre-Covid levels, while crude oil production…



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