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Primary petroleum products supply and demand balance in Ecuador declines in April 2018

The variable greatly diminished by 242.86% in April 2018, according to data published by JODI Data. The indicator fell strongly by 17 thousand barrels per day, as it follows the tendency of the previous month when it decreased by 450%. One year earlier, this variation reached -120 percent and the variable hit 2 thousand barrels per day the same month in 2017. This illustrates a -600% fluctuation between April 2017 and April of the year after. The overall changes for the prior 9 years attained a diminution of 266.67%. Besides, the primary petroleum products supply and demand balance is now below average of -2.42 thousand barrels per day with a overall decrease since the start of time series. It reached its all-time high of 91 thousand barrels per day in November 2010 and record low of -41 thousand barrels per day in July 2009.

Primary petroleum products supply and demand balance in Ecuador declines in April 2018
Date Thousand Barrels Per Day Variation
Apr. 2018 -10.00 -242.86
Mar. 2018 7.00 -450
Feb. 2018 -2.00 -83.33
Jan. 2018 -12.00 -500
Dec. 2017 3.00 -66.67
Nov. 2017 9.00 -550
Oct. 2017 -2.00 -85.71
Sep. 2017 -14.00 75
Aug. 2017 -8.00 33.33
Jul. 2017 -6.00 200

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