Colour code assessment approach by Eurostat
Data in the JODI-Oil World Database from following countries/economies are reported through Eurostat who is responsible for assigning colour codes:
Bulgaria, Croatia, Cyprus, Latvia, Lithuania, Malta, and Romania.
Eurostat gathers more detailed monthly oil data through the Monthly Oil Statistics (MOS) in cooperation with IEA. The Eurostat deadline for this questionnaire is one month after the deadline of the JODI-Oil Questionnaire (M-2 data).
For Eurostat countries, data in the JODI database are not equal to the MOS data. Colour codes are sets on the basis of comparison between the JODI-Oil data submissions and the MOS data submissions.
- Green (Results of the assessment show reasonable level ): the difference between JODI data and M-2 monthly data is less than 5%.
- Yellow (Use data with caution and please consult country notes): the difference between JODI data and M-2 monthly data is above 5%.
- White (data has not been assessed): in case there is not yet M-2 monthly data available, which is usually the case for the data for the latest month.