Tag

Germany

Total 3 items
ResearchGlobal Markets2026-10-30

Europe’s Net Import Gap Hits 1,278 kb/d: Structural Imbalance Deepens Across DE/IT/NL/FR/ES/UK

DE/IT/NL/FR/ES/UK net crude imports totaled 4,893 kb/d in Aug 2026; domestic output was just 526 kb/d — a net import gap of 1,278 kb/d. Germany alone accounted for 1,499 kb/d (30.6% of total). UK’s net import was only 274 kb/d — lowest among six — due to 392 kb/d domestic output. Structural imbalance is lifting NW Europe landed premiums.

ResearchGlobal Markets2026-10-29

Germany 1529 vs UK 666 kb/d: EU Crude Import Scale Gap

Germany imported 1,529 kb/d of crude in Aug 2026 — 2.3× UK’s 666 kb/d; Italy’s refinery input (1,379 kb/d) exceeded its imports (1,225 kb/d); Netherlands’ crude inventory stood at 33,357 kb — just 27% of the average of Germany, France, Spain and Italy. Mandeb Strait AIS visibility: 13 vessels/day (vs. 17 normal); Bosporus: 16 vs. 24 — both reflect signal coverage, not trade collapse.