European Crude Oil Imports Declined in 2025

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…