Tanker Market: EU Crude Oil Imports Slowed Down Since the Beginning of 2025

Global seaborne oil trade has worsened since the start of the year, with EU crude oil imports also on the retreat. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6% y-o-y, things got much quieter in 2024. In Jan-Dec 2024, global crude …

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