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Crude oil stock change in United States: Decline in May 2018

Compared to the prior month the indicator greatly declined by 117.84%, according to statistics published by JODI Data. Crude oil stock change decreased sharply by 1 612 thousand tonnes, as it follows the tendency of the prior month when it diminished by 13 780 percent. When taking into account the year before, it can be reported that the variable was declining by -32.74 percent and hit -1 524 thousand tonnes in May. When examining the year-on-year situation, a -83.99% drop can be noticed between May 2017 and May of the year after. United States saw a decrease of 106.72% in crude oil stock change over the past 9 years. As well as the crude oil stock change is now below average of 104.22 thousand tonnes with a marginal overall fall since the start of observations. It reached its all-time high of 3 831 thousand tonnes in January 2015 and record low of -4 006 thousand tonnes in December 2017.

Crude oil stock change in United States: Decline in May 2018
Date Thousand Tonnes Variation
May. 2018 -244.00 -117.84
Apr. 2018 1 368.00 -13780
Mar. 2018 -10.00 -101.53
Feb. 2018 654.00 2625
Jan. 2018 24.00 -100.6
Dec. 2017 -4 006.00 105.75
Nov. 2017 -1 947.00 -1.86
Oct. 2017 -1 984.00 -422.6
Sep. 2017 615.00 -119.67
Aug. 2017 -3 126.00 26.3

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