European Crude Oil Energy Supply Share by Country (Terajoules)

The European crude oil energy supply reveals Germany as the leading contributor with 14.06% share, followed by Spain at 11.51% and Italy at 11.2% as of 2024. Notable declines in France's share (-3.33%) and Portugal's (-5.27%) were observed over the last year. In contrast, Bulgaria (1.49%) and Ukraine (10.39%) showed positive growth. Over the past five years, there has been a mixed trend of minor declines and void growth in major economies, with smaller nations showing variability.

Future trends to watch include:

• Germany’s attempts to stabilize its share amidst minor decline.
• Potential shifts from increased energy transitions, affecting the UK and France’s shares.
• Growing reliance on renewable resources, significantly in Nordic and Eastern European countries, potentially reducing crude oil share.
• Geopolitical tensions and policy changes influencing supply dynamics across Europe.