Oil Imports Drop by 9.2% in January-July of 2024

Jordan's imports of crude oil, derivatives, and mineral oils decreased to JD1.582 billion by the end of July this year, down from JD1.743 billion during the same period in 2023, according to the latest foreign trade data released by the Department of Statistics. The data showed a 9.2% reduction in the Kingdom's oil bill, representing a decline of approximately JD161 million compared to the same period last year. Fuel and mineral oils accounted for the largest portion of the oil imports, valued at JD501 million. Crude oil ("petroleum") followed, with imports totaling JD472 million. Meanwhile, gasoline imports amounted to JD291 million, diesel (solar) reached JD287 million, lubricating oils were valued at JD23 million, and kerosene at JD8 million. Source: Jordan News Agency