Demand Changes million barrels per day

Supply Changes million barrels per day

% Change in Price

Year

ROW

USA

ROW

USA-Jenkins (2015)

USA

Gasoline

1

−0.03

−0.02

0.11

−0.17

4.38

2

−0.08

−0.05

0.21

−0.34

8.16

3

−0.10

−0.06

0.18

−0.34

5.07

4

−0.12

−0.06

0.16

−0.34

4.29

Distillate Fuel or Gas Oil

1

0.00

0.00

0.02

−0.02

0.62

2

−0.01

0.00

0.03

−0.04

1.41

3

−0.01

−0.01

0.03

−0.04

0.94

4

−0.01

−0.01

0.03

−0.04

0.86

Aviation Fuels

1

−0.12

−0.14

0.43

−0.69

63.46

2

−0.29

−0.34

0.74

−1.37

117.95

3

−0.38

−0.41

0.59

−1.37

75.81

4

−0.42

−0.43

0.53

−1.37

67.24

Residual Fuel Oil

1

1.51

0.27

0.19

1.59

−76.14

2

2.89

0.62

0.33

3.18

−87.91

3

2.67

0.77

0.27

3.18

−59.72

4

2.54

0.88

0.24

3.18

−56.43

Other Petroleum Products

1

−0.08

−0.03

0.12

−0.23

12.48

2

−0.19

−0.06

0.21

−0.46

14.75

3

−0.21

−0.07

0.17

−0.46

11.74

4

−0.23

−0.08

0.15

−0.46

10.78

Liquid Petroleum Gases

1

−0.01

−0.03

0.06

−0.10

11.36

2

−0.02

−0.06

0.12

−0.20

16.67

3

−0.02

−0.07

0.10

−0.20

15.41

4

−0.03

−0.08

0.09

−0.20

15.04

Petroleum Coke

1

−0.10

−0.21

0.01

−0.32

305.79

2

−0.20

−0.41

0.02

−0.64

275.50

3

−0.21

−0.41

0.02

−0.64

165.11

4

−0.21

−0.41

0.01

−0.64

184.73