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Gas and diesel supply and demand balance in Canada climbs in June 2018

Compared to May 2018 gas and diesel oil supply and demand balance grew by 26.82 percent, adjusted statistics from JODI Data indicate. The variable climbed by 1 126.46 thousand barrels, as it follows the tendency of the prior month when it rose by 105.47%. It's the lowest ever diagnosed since 2009. The same month one year earlier, the indicator went up by 9.92 percent and reached -2 148.48 thousand barrels. In sum, the variable was 147.92 percent larger in June 2017 than in the same month one year later. The overall changes for the previous 9 years attained a decline of 2 650%. Moreover, the gas and diesel oil supply and demand balance is now smaller than its average which equals -1 007.49 thousand barrels with a negligible overall drop since the start of time series. It hit its maximum of 2 946.7 thousand barrels in February 2015.

Gas and diesel supply and demand balance in Canada climbs in June 2018
Date Thousand Barrels Variation
Jun. 2018 -5 326.44 26.82
May. 2018 -4 199.98 105.47
Apr. 2018 -2 044.04 34.31
Mar. 2018 -1 521.84 -7.27
Feb. 2018 -1 641.20 -20.86
Jan. 2018 -2 073.88 -19.65
Dec. 2017 -2 581.16 158.21
Nov. 2017 -999.64 -56.63
Oct. 2017 -2 305.14 -6.93
Sep. 2017 -2 476.72 -7.52

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