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Signal · Market & Economic Intelligence

Crude oil worth 30.0 billion euros imported in period from January to August 2026

Destatis - Press Releases Authoritative source Published 20th October 2026 Germany

What the source reported

Source-reported

In the period from January to August 2026, 49.1 million tonnes of crude oil, valued at 30.0 billion euros, were imported into Germany. In the same period in 2025, Germany imported 49.4 million tonnes of crude oil to the value of 24.6 billion euros. The Federal Statistical Office (Destatis) also reports that the volume of crude oil imports therefore decreased by 0.6%, while the value of imports rose by 21.7%. This was due to the increase in crude oil prices in the wake of the conflict in the Middle East.

Publication
Destatis - Press Releases · Official Statistics
Published
20th October 2026
Original report
destatis.de

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived
Category
Market & Economic Intelligence
Geography
Germany
Organisations
None identified
Collected
20th October 2026 · 09:09

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 2 · Moderate
Confidence 3 · Moderate

Initial Significance Moderate (25.0/100). Strongest contributor: Geographic Breadth (7.0/10 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Moderate (51.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (40.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor
Geographic Breadth
Limiting factor
Likely Event Severity