⁍ Germany’s crude oil imports in the first seven months of 2020 were 1.9% below those a year earlier.


⁍ Overall oil volumes reaching Germany in January-July totalled 48.8 million tonnes, down from 49.7 million in the comparable period of 2019.


⁍ Russia accounted for 35.0% of Germany’s oil receipts in the seven months, followed by 22.8% from the British and Norwegian North Sea.


– Germany is in the middle of a deep recession, but that didn’t stop it from importing more oil than usual in the first seven months of this year. The country imported 48.8 million tons of crude oil in the January-July period, down from 49.7 million tons in the year-ago period, according to data from the country’s foreign trade office, per Reuters. Russia was the biggest source of oil, accounting for 35% of the total, followed by the UK (22.8%), Norway (17.3%), and the US (17.3%), according to the data.



Source: https://www.reuters.com/article/germany-economy-oil-imports/german-jan-july-oil-imports-fell-19-yr-yr-idUSL8N2GR5VL