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  9. Fuel Oil Demand in New Z…

Fuel oil demand in New Zealand: Decline in May 2018

According to adjusted figures presented by JODI Data, fuel oil demand decreased by 7.69 percent in comparison with the prior month. The variable diminished from 173.16 thousand barrels to 159.84 thousand barrels, as it follows the tendency of the previous month when it dropped by 3.7%. The prior year, the indicator was decreasing by -29.17 percent and hit 113.22 thousand barrels in May 2017. Year-on-year, this indicates a 41.18 percent shift between May 2017 and the same month one year later. The overall changes for the prior 16 years attained a fall of 55.56%. Moreover, the fuel oil demand is now below average of 196.62 thousand barrels with a overall diminution since the 2002. It reached its all-time high of 579.42 thousand barrels in October 2010 and record low of 53.28 thousand barrels in December 2004.

Fuel oil demand in New Zealand: Decline in May 2018
Date Thousand Barrels Variation
May. 2018 159.84 -7.69
Apr. 2018 173.16 -3.7
Mar. 2018 179.82 -38.64
Feb. 2018 293.04 46.67
Jan. 2018 199.80 -16.67
Dec. 2017 239.76 71.43
Nov. 2017 139.86 -8.7
Oct. 2017 153.18 =
Sep. 2017 153.18 27.78
Aug. 2017 119.88 5.88

Related Statistics

Fuel Oil Demand in other Countries

Main Fuel Oil Indicators