Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen correspondent: One martyr and one wounded in an Israeli drone attack on the town of Hafir, west of Baalbek, eastern Lebanon.
Al Mayadeen correspondent: An Israeli drone fired three missiles in the vicinity of the town of Bodai, west of Baalbek.
Reuters: The Rapid Support Forces announced that they have taken over the headquarters of the Sudanese Armed Forces in al-Fasher.
Al Mayadeen correspondent: An Israeli drone strike targeted the town of Al-Qlailah, Southern Lebanon.
Al Mayadeen's correspondent in South Lebanon: Israeli drone strikes town of Harouf, Nabatieh district.
Factions' statement: The attendees agreed to support and continue implementing the ceasefire agreement measures, including the withdrawal of the occupation and lifting the siege.
Factions' statement: Calling for an end to all forms of torture and violations against prisoners in occupation prisons and the necessity of obligating the occupation to do so.
Statement: The current moment is crucial, making the meeting a true turning point toward national unity in defense of our people and their right to life, dignity, and freedom.
Factions' statement: Call for an urgent meeting of all Palestinian forces and factions to agree on a national strategy.
Factions' statement: Continuing joint work to unify visions and positions to confront the challenges facing the Palestinian cause.

US main exporter of oil to EU in 2022: EuroStat

  • By Al Mayadeen English
  • Source: Agencies
  • 28 Mar 2023 21:58
  • 1 Shares
2 Min Read

About 18% of the EU's total oil imports in December 2022 were supplied by the US.

  • x
  • (AP)
    Oil ship (AP)

The US surpassed Russia in terms of oil exports to the European Union, according to numbers released by Eurostat on Tuesday. 

While Russian exports have fallen to an all-time low from 31% to 4%, the US has become the EU's main oil exporter in the year 2022, the agency reports.

"The decline in imports from Russia was compensated by a rise in imports from other sources. In December 2022, the biggest suppliers of crude oil were the United States ... and Norway," as per a statement released by the agency.

About 18% of the EU's total oil imports in December 2022 were supplied by the US, the statement reads, noting that Norwegian oil accounted for up to 17% of aggregated oil supplies in 2022. 

The U.S. came out on top in oil shipments to the European Union, while Russia's share has fallen from 31% to 4% since January, according to Eurostat.

In addition, the price for Russian Oil (Urals) is in freefall for months now.#Europe #Russia #EU #UkraineRussiaWar pic.twitter.com/tZveBta0wp

— TheLazyEuropean (@TheLazyEU) March 28, 2023

Related News

UNSCR 2231 termination marks major win for Iran’s diplomacy: Qalibaf

Tehran, Moscow to finalize INSTC rail project next month

Gas exports from Libya and the UK have also increased, while imports from Kazakhstan and Iraq has remained at the same levels.

Among the reasons cited in the statement, the changes are owed to shifts in the geopolitical situation, particularly to Russia's special military operation in Ukraine and the West's sanctions on Russia. 

Prior to the start of the conflict, the price of a barrel was stabilized at $80. But after the outbreak on February 24, volatility became the trend in energy markets, with prices of crude oil averagin $100 per barrel in 2022.

In December 2022, the EU imposed an embargo on Russian crude oil coming in by sea and agreed with its G7 partners to impose a price cap on Russian oil at $60 per barrel.

In retaliation to the price cap, President Vladimir Putin signed a decree on February 1 to ban the sales of crude oil to countries abiding by the Western-led price cap on Russian oil.

Read more: G7 opposes lowering price of Russian crude oil from $60: WSJ

  • Russia
  • eurostat
  • Oil prices

Most Read

From previous scenes of the Qassam Brigades targeting an Israeli D9 bulldozer with a Yassin 105 shell, east of Deir al-Balah. (Military Media of the Qassam Brigades)

US knew fatal Rafah blast cause was not Hamas op., says journalist

  • Politics
  • 20 Oct 2025
'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Abu Hamza, the spokesperson for the Al-Quds Brigades, during a speech televised on October 22, 2025 (Al-Quds Brigades Military Media)

Al-Quds Brigades' Abu Hamza mourns leaders, vows continued resistance

  • Politics
  • 22 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Undated photo of Hanwha Ocean’s Goeje Shipyard in South Korea (Hanwha Ocean)
Politics

China counters US maritime bloc with sanctions on Hanwha Ocean

Catherine Connolly speaks after being after being elected as the new President of Ireland at Dublin Castle, Ireland, Saturday, Oct. 25, 2025. (AP)
Politics

Connolly wins Irish presidency in blow to political establishment

Buildings destroyed during the Israeli air and ground offensive are seen in the Al-Shati camp, in Gaza City, Friday, Oct. 24, 2025. (AP)
Politics

'Israel's' post-ceasefire demolitions in Gaza violate agreement: Hamas

Iran's Foreign Minister Abbas Araghchi attends the 17th annual BRICS summit in Rio de Janeiro, Brazil, July 7, 2025 (AP)
Politics

Iran’s Araghchi: Our nuclear bomb is resilience, not weapons

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS