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Petrochemical feedstock closing stocks in Portugal increases in June 2018

According to data published by JODI Data, refined oil products closing stocks went up by 12.06% in June 2018. Refined oil products closing stocks climbed from 141 thousand tonnes to 158 thousand tonnes, contrarily to the previous month when it decreased by 6 percent. The same month in 2017, the indicator grew by 20% and reached 204 thousand tonnes. This pinpoints a -22.55% shift between June 2017 and June of the year after. Portugal saw a diminution of 54.47% in refined oil products closing stocks during the last 9 years. Moreover, the refined oil products closing stocks is now smaller than its average which equals 256 thousand tonnes with a moderate overall drop since the 2009. It hit its all-time high of 426 thousand tonnes in April 2009 and record low of 107 thousand tonnes in December 2015.

Petrochemical feedstock closing stocks in Portugal increases in June 2018
Date Thousand Tonnes Variation
Jun. 2018 158.00 12.06
May. 2018 141.00 -6
Apr. 2018 150.00 -13.29
Mar. 2018 173.00 -14.78
Feb. 2018 203.00 54.96
Jan. 2018 131.00 -4.38
Dec. 2017 137.00 -18.93
Nov. 2017 169.00 -8.15
Oct. 2017 184.00 -5.64
Sep. 2017 195.00 6.56

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