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Gas and diesel supply and demand balance in Italy goes down in June 2018

JODI Data reported that in comparison with the prior month the indicator decreased sharply by 116.41%. Gas and diesel oil supply and demand balance greatly went down from -40.91 thousand barrels per day to 6.71 thousand barrels per day, as it follows the tendency of the previous month when it dropped by 244.31 percent. The year before, the variable was growing by 143.71% and hit 31.08 thousand barrels per day in June of the year before. When considering the year-on-year setting, a -78.4 percent decline can be diagnosed between June 2017 and June 2018. The overall changes for the prior 9 years attained a decrease of 139.3%. Compared to its average, the gas and diesel oil supply and demand balance is now lower as the mean equals 17.81 thousand barrels per day with a overall fall since the start of observations. It reached its all-time high of 140.54 thousand barrels per day in January 2015 and record low of -43.27 thousand barrels per day in April 2016.

Gas and diesel supply and demand balance in Italy goes down in June 2018
Date Thousand Barrels Per Day Variation
Jun. 2018 6.71 -116.41
May. 2018 -40.91 -244.31
Apr. 2018 28.35 -257.07
Mar. 2018 -18.05 -46.24
Feb. 2018 -33.57 -681.3
Jan. 2018 5.78 50
Dec. 2017 3.85 -58.16
Nov. 2017 9.20 -69.65
Oct. 2017 30.32 -15.32
Sep. 2017 35.81 143.94

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