As of 22nd July, Europe’s seaborne crude/condensate imports in July (days 1-31) are observed at 10.5mbd, the lowest level since October 2021. It represents a 100kbd m-o-m decline and 1mbd y-o-y decline. This decline in crude import demand comes at a time where imports would be expected to be higher...
https://www.hellenicshippingnews.com/sluggish-crude-demand-in-europe-continues/