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Gas and diesel supply and demand balance in Portugal: Decrease in May 2018

JODI Data reported that in May 2018 the indicator barely fell by 3.23 percent. Gas and diesel oil supply and demand balance hardly decreased by 0.26 thousand barrels per day, as it follows the tendency of the previous month when it diminished by 24.22 percent. The prior year, the variable was decreasing by -224.41 percent and hit 2.17 thousand barrels per day in May of the year before. This illustrates a -466.62 percent change between May 2017 and May of the year after. The overall changes for the prior 9 years reached an increase of 153.77%. Compared to its average, the gas and diesel oil supply and demand balance is now smaller as the mean equals -2.85 thousand barrels per day with a overall fall since the start of observations. It attained its all-time high of 18.53 thousand barrels per day in January 2016 and record low of -52.7 thousand barrels per day in December 2013.

Gas and diesel supply and demand balance in Portugal: Decrease in May 2018
Date Thousand Barrels Per Day Variation
May. 2018 -7.94 -3.23
Apr. 2018 -8.21 -24.22
Mar. 2018 -10.83 6.96
Feb. 2018 -10.12 91.24
Jan. 2018 -5.29 -257.14
Dec. 2017 3.37 -223.18
Nov. 2017 -2.73 278.81
Oct. 2017 -0.722 -93.69
Sep. 2017 -11.44 25.1
Aug. 2017 -9.14 442.99

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