Thailand Crude Imports: Mideast Share Falls To Record Low

*Thailand imported 1.03mn b/d of crude for 2020, up 10% on 2019 but almost 100,000 b/d below 2018’s record volumes.

*2020 saw a continuation of a trend to import diversification with the Middle East’s market share having fallen consistently for well over a decade: from an 84% market share in 2008 to 62% a decade later and a record low 51.5% for 2020 (see chart and table). (CONTINUED - 329 WORDS)