European Crude Oil Imports Declined in 2025

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European crude oil imports declined by 8.8% in 2025, while liquefied natural gas imports increased by 25.9% with a significant price surge, highlighting a shift in energy sources for the EU.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Crude oil imports into the European Union fell by 8.8% over the first nine months of last year, Eurostat has reported, adding that the bill for these imports fell even more markedly amid lower international prices, by 18.3%. In liquefied natural gas, on the other hand, volumes jumped by a sizable 25.9%, while the bill for these volumes swelled even more markedly, by 36.1%, Eurostat also said. Over the third quarter of the year alone, the European Union imported 59.9% of its liquefied natural gas from the United States, with another 12.7% coming…

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Original article published by OilPrice.com on January 19, 2026.
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