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Gas and diesel supply and demand balance in Spain decreases in June 2018

According to figures announced by JODI Data, the indicator diminished sharply by 162.5% in June 2018. The variable greatly fell by 96.98 thousand barrels, as it follows the tendency of the prior month when it went down by 11.11 percent. When examining June of the year before, it can be noted that the indicator was remaining stable compared to the prior month of 2017. Year-on-year, this indicates a -129.41 percent change between June 2017 and the same month in 2018. The overall changes for the previous 9 years attained a decrease of 16.67%. In comparison to its average, the gas and diesel oil supply and demand balance is now greater as the mean equals -39.26 thousand barrels with a overall growth since the start of time series. It reached its all-time high of 126.82 thousand barrels in June 2017 and record low of -201.42 thousand barrels in October 2016.

Gas and diesel supply and demand balance in Spain decreases in June 2018
Date Thousand Barrels Variation
Jun. 2018 -37.30 -162.5
May. 2018 59.68 -11.11
Apr. 2018 67.14 350
Mar. 2018 14.92 -114.29
Feb. 2018 -104.44 -200
Jan. 2018 104.44 -255.56
Dec. 2017 -67.14 -169.23
Nov. 2017 96.98 85.71
Oct. 2017 52.22 -12.5
Sep. 2017 59.68 33.33

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