ResearchGlobal Markets2026-11-11
EU-7 Crude Imports Diverge: DE/IT +23% vs Avg, NL/UK Refinery Utilization Strained
EU-7 crude imports totaled 7,189 kb/d in Aug 2026; Germany (1,529) and Italy (1,225) accounted for 38.4%, +23 pts vs regional average. Netherlands (1,100) and UK (666) imported less than refinery inputs (1,033 / 906 kb/d), signaling rising import dependency. Brent up 1.71% to $93.06; EUR/CNY down 0.42% to 7.4150, raising landed cost pressure.