Shipping Market Weekly Report – Bancosta

The focus of this week’s report is European Union crude oil imports. In the 12 months of 2020, the 27 countries of the European Union imported 388.1 mln tonnes of crude oil by sea, according to Refinitiv vessel tracking data. This represents a net decline of -13.0% y-o-y, compared to the 446.2 mln tonnes imported in 2019.

Source: Bancosta Research

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