*Spain imported 1.25mn b/d of crude in Q1, up 17% year-on-year for the highest quarterly figure since 2019 (see chart and table).

*Nigeria was again top supplier for Q1 with 195,000 b/d ahead of the USA on 129,000 b/d and Mexico with 116,000 b/d. Libya, fourth overall with 109,000 b/d, was top Mena supplier. As in Libya’s top export market Italy, shipments to Spain have been highly erratic, in line with the country’s oil, political and economic travails (MEES, 20 May). (CONTINUED - 238 WORDS)