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Crude oil closing stocks in Papua New Guinea climbs in June 2018

According to revised numbers announced by JODI Data, compared to the previous month crude oil closing stocks grew sharply by 221.99%. The indicator rose strongly by 53.34 thousand tonnes, in contrast to the prior month when it declined by 69.98 percent. The prior year, this shift attained 57.72 percent and the crude oil closing stocks reached 151.49 thousand tonnes in June of the year before. When examining the year-on-year setting, a -48.93 percent drop can be diagnosed between June 2017 and the same month in 2018. The overall changes for the previous 11 years hit an increase of 170.49%. As well as the crude oil closing stocks is now above average of 60.27 thousand tonnes with a overall growth since the start of time series. It attained its all-time high of 151.49 thousand tonnes in June 2017 and record low of 3.57 thousand tonnes in April 2017.

Crude oil closing stocks in Papua New Guinea climbs in June 2018
Date Thousand Tonnes Variation
Jun. 2018 77.36 221.99
May. 2018 24.03 -69.98
Apr. 2018 80.04 149.8
Mar. 2018 32.04 -29.35
Feb. 2018 45.35 35.99
Jan. 2018 33.35 -51.42
Dec. 2017 68.65 -33.05
Nov. 2017 102.54 -28.94
Oct. 2017 144.31 10.07
Sep. 2017 131.10 50.56

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