JODI stands for the Joint Oil Data Initiative, a collaborative effort aimed at improving the transparency and reliability of global oil data. Launched in 2001, it involves various countries and organizations working together to share information about oil production, consumption, and reserves. This initiative helps policymakers, researchers, and industry stakeholders make informed decisions based on accurate data. The primary goal of JODI is to enhance the quality of oil statistics, which can influence global energy markets. By providing a platform for data exchange, JODI fosters cooperation among member countries and promotes better understanding of oil supply and demand dynamics worldwide.