The Egyptian General Petroleum Corporation (EGPC) renewed its contract with the Iraqi government to import about one million barrels (bbl) of crude oil per month.

A preliminary data released from the South Korean Ministry of Trade, Industry and Energy, showed that oil imports reduced 7.5% to 82.7 million barrels in December 2020 compared to 89.5 million barrels in the same month of the previous year.

Data obtained from industry sources showed that Indian oil imports from Africa and US, in November, has risen but dropped from Middle East and Latin America.

China’s General Administration Customs data announced that the Imports of crude oil has risen to 11.04 million barrels per day (mmbbl/d) during November, compared to 10.02 mmbbl/d in October.

The President of Petroleum Association, Tsutomu Sugimori said that Japan’s crude oil imports is expected to remain at the current tepid pace until the end of 2020, after it reached the lowest monthly level in July due to the spread of pandemic which had slashed domestic oil demand.

China’s Crude oil imports jumped 25% during July for a year ago as a result of a huge amount of purchases made in April after oil prices drop as well as clearing customs of some cargoes which delayed at ports in June.

India’s oil imports in May have nosedived 31% from April’s levels, representing the lowest importing figures since October 2011.

China’s oil imports from Saudi Arabia rose by 47% in 2019.

India’s oil imports from Iraq boosted in August by shipping around 1.32 million barrels per day (b/d).

India has shipped around 277,600 barrels per day (b/d) in April, dropping by 31.5% from March.