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  9. Fuel Oil Demand in China

Fuel oil demand in China decreases in June 2018

In comparison to May 2018 the variable decreased by 25.98%, according to statistics published by JODI Data. Fuel oil demand went down from 2 190 thousand tonnes to 1 621 thousand tonnes, as it follows the tendency of the prior month when it diminished by 16.98 percent. The numbers attained 2 457 thousand tonnes in June 2017, which is a 29.18% fluctuation compared with the prior month of 2017. This pinpoints a -34.03 percent shift between June 2017 and June 2018. China saw a fall of 53.15% in fuel oil demand during the last 14 years. Furthermore, the fuel oil demand is now below average of 2 995.88 thousand tonnes with a marginal overall diminution since the start of time series. It reached its all-time high of 5 130 thousand tonnes in June 2004 and record low of 1 336 thousand tonnes in September 2011.

Fuel oil demand in China decreases in June 2018
Date Thousand Tonnes Variation
Jun. 2018 1 621.00 -25.98
May. 2018 2 190.00 -16.98
Apr. 2018 2 638.00 23.39
Mar. 2018 2 138.00 -13.41
Feb. 2018 2 469.00 -9.69
Jan. 2018 2 734.00 34.35
Dec. 2017 2 035.00 1.09
Nov. 2017 2 013.00 -29.76
Oct. 2017 2 866.00 43.44
Sep. 2017 1 998.00 -17.61

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