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Refined oil products closing stocks in Estonia: Drop in May 2018

JODI Data published that the indicator dropped by 13.97% in comparison to the previous month. Refined oil products closing stocks went down by 253 thousand barrels, in contrast to the prior month when it increased by 5.11%. The prior year, the variable was declining by -1.1 percent and hit 1 979 thousand barrels the same month the year before. Between May 2017 and May 2018, the numbers constitute a -21.27 percent fluctuation. The overall changes for the previous 16 years attained a increase of 666.38%. Furthermore, the refined oil products closing stocks is now greater than its average which equals 975.65 thousand barrels with a slight overall raise since the start of time series. It reached its all-time high of 2 256 thousand barrels in January 2016 and record low of 203.29 thousand barrels in October 2004.

Refined oil products closing stocks in Estonia: Drop in May 2018
Date Thousand Barrels Variation
May. 2018 1 558.00 -13.97
Apr. 2018 1 811.00 5.11
Mar. 2018 1 723.00 -3.42
Feb. 2018 1 784.00 -11.11
Jan. 2018 2 007.00 -1.76
Dec. 2017 2 043.00 21.17
Nov. 2017 1 686.00 0.84
Oct. 2017 1 672.00 16.68
Sep. 2017 1 433.00 -7.61
Aug. 2017 1 551.00 -14.78

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