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Primary petroleum products (excluding crude oil and ngl) closing stocks in Slovakia: Diminution in May 2018

The variable diminished sharply by 77.78% in May 2018, according to new data announced by JODI Data. The indicator strongly decreased by 52.13 thousand barrels, versus the prior month when it climbed by 50%. The prior year, the variable was diminishing by -33.33 percent and hit 14.89 thousand barrels the same month the year before. When considering the year-on-year situation, we can report that the primary petroleum products closing stocks reached the same value in May than in May 2017. Slovakia saw a drop of 60% in primary petroleum products closing stocks during the last 9 years. Likewise, the primary petroleum products closing stocks is now lower than its average which equals 33.61 thousand barrels with a overall decrease since the start of observations. It attained its all-time high of 81.92 thousand barrels in August 2014 and record low of 7.45 thousand barrels in November 2016.

Primary petroleum products (excluding crude oil and ngl) closing stocks in Slovakia: Diminution in May 2018
Date Thousand Barrels Variation
May. 2018 14.89 -77.78
Apr. 2018 67.02 50
Mar. 2018 44.68 50
Feb. 2018 29.79 -33.33
Jan. 2018 44.68 20
Dec. 2017 37.24 66.67
Nov. 2017 22.34 =
Oct. 2017 22.34 =
Sep. 2017 22.34 =
Aug. 2017 22.34 50

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