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Fuel oil supply and demand balance in Portugal: Diminution in May 2018

Fuel oil supply and demand balance dropped sharply by 900% compared with April 2018, adjusted data from JODI Data indicate. The indicator decreased greatly by 9 thousand tonnes, as it follows the tendency of the prior month when it went down by 90.91%. The same month the year before, the variable rose by 166.67% and attained 8 thousand tonnes. Year-on-year, this pinpoints an unvaried setting between May 2017 and the same month in 2018. Portugal saw a decline of 188.89% in fuel oil supply and demand balance over the past 9 years. As well as the fuel oil supply and demand balance is now bigger than its average which equals -0.63 thousand tonnes with a overall increase since the start of time series. It hit its all-time high of 53 thousand tonnes in May 2015 and record low of -42 thousand tonnes in January 2014.

Fuel oil supply and demand balance in Portugal: Diminution in May 2018
Date Thousand Tonnes Variation
May. 2018 8.00 -900
Apr. 2018 -1.00 -90.91
Mar. 2018 -11.00 266.67
Feb. 2018 -3.00 -115.79
Jan. 2018 19.00 -311.11
Dec. 2017 -9.00 -1000
Oct. 2017 1.00 -120
Sep. 2017 -5.00 -266.67
Aug. 2017 3.00 -86.96
Jul. 2017 23.00 -355.56

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Main Fuel Oil Indicators