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  9. Fuel Oil Demand in Hong …

Fuel oil demand in Hong Kong falls in June 2018

The variable went down by 16.51% compared with the previous month, according to adjusted data released by JODI Data. The indicator diminished from 147.83 thousand barrels per day to 123.42 thousand barrels per day, in comparison with the prior month when it went up by 7.84 percent. The figures attained 130.94 thousand barrels per day in June 2017, which is a -12.75% shift compared to the prior month of the same year. This pinpoints a -5.75 percent variation between June 2017 and the same month the year after. The overall changes for the previous 16 years hit a rise of 126.55%. Likewise, the fuel oil demand is now greater than its average which equals 105.86 thousand barrels per day with a overall growth since the start of time series. It reached its all-time high of 164.88 thousand barrels per day in January 2017 and record low of 39.88 thousand barrels per day in April 2003.

Fuel oil demand in Hong Kong falls in June 2018
Date Thousand Barrels Per Day Variation
Jun. 2018 123.42 -16.51
May. 2018 147.83 7.84
Apr. 2018 137.09 -3.31
Mar. 2018 141.78 5.81
Feb. 2018 133.99 -15.55
Jan. 2018 158.67 9.72
Dec. 2017 144.61 1.56
Nov. 2017 142.39 6.08
Oct. 2017 134.22 -9.33
Sep. 2017 148.04 7.99

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