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mbd
- (of oil) million barrels per day.
Example Sentences
J.P.Morgan analysts estimated that global demand growth for mobility fuels decelerated to 0.6 mbd year-on-year for the reference week ending August 12.
Year-to-date, with China's base effect now out of the numbers, growth in demand for mobility fuels slipped to 1.6 mbd compared to the same period last year, they said.
In December 2018, the group purchased a 50 percent stake in 722 units in two public housing projects in the Bronx, the Baychester and Murphy Houses, for $90 million as part of a joint venture with L+M Development Partners and MBD Community Housing Corp.
Baychester’s new operators are a cohort of private developers — Camber Property Group, MBD Community Housing Corporation and L+M Development Partners — working in partnership with NYCHA, which still owns the property.
“Saudi has created ~500 kbd of ‘swing capacity’ within its OPEC+ agreement allocation, running at ~9.8 mbd versus ~10.3 mbd cap,” Paul Sankey, an energy analyst at Mizuho, wrote in a note.
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