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  9. Fuel Oil Demand in Japan

Fuel oil demand in Japan drops in June 2018

Fuel oil demand diminished by 16.44% compared to the prior month, according to data announced by JODI Data. It pinpoints the all-time minimum since 2002 as the variable dropped by 1 185.48 thousand barrels, in comparison with the previous month when it climbed by 2.85 percent. One year earlier, this fluctuation attained -3.72 percent and the fuel oil demand hit 6 719.94 thousand barrels the same month in 2017. When examining the year-on-year situation, a -10.31% decrease can be announced between June 2017 and June of the year after. Japan saw a diminution of 66.38% in fuel oil demand during the last 16 years. Likewise, the fuel oil demand is now smaller than its average which equals 14 685.69 thousand barrels with a negligible overall fall since the start of observations. It reached its maximum of 23 825.5 thousand barrels in December 2002.

Fuel oil demand in Japan drops in June 2018
Date Thousand Barrels Variation
Jun. 2018 6 027.30 -16.44
May. 2018 7 212.78 2.85
Apr. 2018 7 012.98 -24.68
Mar. 2018 9 310.68 -10.1
Feb. 2018 10 356.30 3.46
Jan. 2018 10 009.98 3.09
Dec. 2017 9 710.28 22.52
Nov. 2017 7 925.40 9.78
Oct. 2017 7 219.44 -2.61
Sep. 2017 7 412.58 -6

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