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Primary petroleum products supply and demand balance in Japan: Diminution in May 2018

The variable strongly declined by 65.16 percent compared to the previous month, according to refreshed numbers published by JODI Data. The indicator dropped greatly from -1 501.84 thousand barrels to -523.27 thousand barrels, in comparison with the prior month when it climbed by 654.73%. The statistics hit 140.03 thousand barrels in May 2017, which is a 72.73 percent fluctuation compared with the prior month of 2017. Year-on-year, this illustrates a -473.68 percent variation between May 2017 and the same month the year after. Japan saw a decrease of 192.21% in primary petroleum products supply and demand balance during the last 9 years. Furthermore, the primary petroleum products supply and demand balance is now below average of -79.63 thousand barrels with a slight overall drop since the start of time series. It attained its all-time high of 5 431.69 thousand barrels in September 2010 and record low of -4 827.35 thousand barrels in October 2010.

Primary petroleum products supply and demand balance in Japan: Diminution in May 2018
Date Thousand Barrels Variation
May. 2018 -523.27 -65.16
Apr. 2018 -1 501.84 654.73
Mar. 2018 -198.99 145.45
Feb. 2018 -81.07 -103.37
Jan. 2018 2 402.62 781.08
Dec. 2017 272.69 -134.91
Nov. 2017 -781.22 -325.53
Oct. 2017 346.39 -304.35
Sep. 2017 -169.51 283.33
Aug. 2017 -44.22 -122.22

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