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German Jan-Oct oil imports up 11.1%, bill more than doubles

German crude oil import volumes rose 11.1% in the first 10 months of 2022 on a year-on-year basis as the economy recovered from the COVID-19 pandemic, while the bill more than doubled due to higher prices, official data showed on Friday. Russia remained the top supplier, holding a 27.2% share of Germany's oil imports in the period, monthly statistics from the BAFA foreign trade office showed. On Dec. 5 2022, the European Union banned Russian crude imports and G7 countries set a price cap ...
United States United Kingdom Frances Kerry Vera Eckert Organization Of The Petroleum Exporting Countries European Union
Source: aol.com

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