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Petrochemical feedstock supply and demand balance in Denmark decreases in April 2018

JODI Data published that in comparison with the prior month refined oil products supply and demand balance strongly went down by 111.76 percent. The variable sharply decreased from -105.62 thousand barrels to 12.43 thousand barrels, as it follows the tendency of the previous month when it declined by 525 percent. The numbers reached -6.21 thousand barrels in April 2017, which is a -83.33% variation compared to the previous month of the same year. Year-on-year, this demonstrates a -300 percent shift between April 2017 and April of the year after. The overall changes for the prior 9 years hit a raise of 99.95%. Besides, the refined oil products supply and demand balance is now greater than its average which equals 7.82 thousand barrels with a overall drop since the 2009. It attained its all-time high of 130.47 thousand barrels in September 2015 and record low of -105.62 thousand barrels in March 2018.

Petrochemical feedstock supply and demand balance in Denmark decreases in April 2018
Date Thousand Barrels Variation
Apr. 2018 12.43 -111.76
Mar. 2018 -105.62 -525
Feb. 2018 24.85 -150
Jan. 2018 -49.70 100
Dec. 2017 -24.85 -20
Nov. 2017 -31.06 -200
Oct. 2017 31.07 -350
Sep. 2017 -12.43 =
Aug. 2017 -12.43 -66.67
Jul. 2017 -37.28 100

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