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Gas and diesel supply and demand balance in Australia goes down in June 2018

In June 2018 gas and diesel oil supply and demand balance sharply diminished by 369.9 percent, refreshed data from JODI Data indicate. The indicator went down strongly by 2 842.26 thousand barrels, in comparison with the prior month when it rose by 157.5%. In 2017, the variable was diminishing by -179.49% and attained 693.78 thousand barrels the same month in 2017. Year-on-year, this demonstrates a -398.92 percent fluctuation between June 2017 and the same month in 2018. The overall changes for the previous 9 years hit a fall of 508.82%. As well as the gas and diesel oil supply and demand balance is now lower than its average which equals 1 041.78 thousand barrels with a moderate overall diminution since the start of time series. It reached its all-time high of 3 222.72 thousand barrels in March 2010 and record low of -2 417.04 thousand barrels in April 2012.

Gas and diesel supply and demand balance in Australia goes down in June 2018
Date Thousand Barrels Variation
Jun. 2018 -2 073.88 -369.9
May. 2018 768.38 157.5
Apr. 2018 298.40 -113.65
Mar. 2018 -2 185.78 -1727.78
Feb. 2018 134.28 -79.31
Jan. 2018 649.02 -136.86
Dec. 2017 -1 760.56 -307.02
Nov. 2017 850.44 1800
Oct. 2017 44.76 -50
Sep. 2017 89.52 -115.58

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