*Spain’s crude imports barely moved in 2021. The full year 1.13mn b/d represents a gain of just 31,000 b/d on 2020’s Covid-related nine-year low of 1.10mn b/d (MEES, 19 February 2021).
*Supplies from the Middle East fell by a further 15% last year, with both imports of 154,000 b/d and the region’s 14% market share the lowest on record for the second year in a row. Market share is down from as high as 38% in 2011 and 25% as recently as 2018, as Middle Eastern crude increasingly flows to Asia. (CONTINUED - 382 WORDS)