*Saudi oil burn accelerated to an annual high of 1.334mn b/d in August, but despite the increase it remained well below year-ago levels of 1.432mn b/d, the latest Jodi statistics show.
*Oil burn has been below 2024 levels for six of the first eight months of the year, and absent a late-year spike it looks set for the first annual decline since 2021. It has averaged 1.02mn b/d so far this year, which is the lowest figure since 2021’s 1.008mn b/d. (CONTINUED - 200 WORDS)
