Spain increased its crude oil imports to 5.705 million tons in August, representing an 11% rise compared to the same period in the previous year. The data, provided by the Corporación de Reservas Estratégicas de Productos Petrolíferos (Cores), highlights a significant shift in supply sources for the country.
Nigeria emerged as the primary supplier of crude to Spain during this month, surpassing both Mexico and Venezuela. This increase in import volume reflects the country's ongoing energy procurement requirements and the current distribution of its international oil partnerships.
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