Global crude oil benchmarks saw a significant rise on Monday, November 18, driven by production disruptions at two key oil facilities. At the same time, a weakening US dollar also contributed to higher commodity prices
Crude imports averaged 6.5 million barrels per day (bpd) during the reporting week, marking an increase of 269,000 bpd from the previous week. This is in addition to domestic oil production levels of 13.4 million bpd.