Global oil demand rose by more than 500,000 barrels per day (bpd) in December from November, for the eighth monthly record in 2023, the latest data by the Joint Organizations Data Initiative (JODI) showed on Tuesday. Rising demand in Asia more than offset declines in the United States and Europe in the last month of 2023, said JODI, which collects figures reported by individual countries. According to JODI’s database, oil demand rose by 541,000 bpd in December compared to November. The month-on-month…
