•  Russia remained the dominant supplier of crude oil to Germany in the first quarter of 2017 according to the latest imports figures (see table), but the Opec share was up year-on-year, boosted by an increase in supplies from Libya.

•  An average 705,000 b/d of crude arrived in Germany from Russia in the first quarter, just shy of 40% of total receipts of 1.80mn b/d. Libya was the leading contributor from the Mena region, with 109,000 b/d, or 6% of the total, with only...