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Oil Bill Records JD218 Million Decline in First Half of 2024

Amman: Jordan’s oil bill has shown a continued decline from the beginning of this year through the end of June, amounting to JD1.305 billion, compared to JD1.523 billion during the same period last year.

The Department of Statistics’ monthly foreign trade report revealed a 14.3 percent decrease in the Kingdom’s imports of crude oil, its derivatives, and mineral oils during the first half of this year.

The report detailed that the oil bill experienced a reduction of JD218 million in the first six months of this year compared to the corresponding period last year.

Fuel and mineral oils constituted the largest share of Jordan’s petroleum derivative imports, reaching JD426 million in the first half of the year. Crude oil imports followed with JD347 million, gasoline at JD251 million, diesel at JD252 million, lubricating oils at JD19 million, and kerosene at JD8 million.

Source: Jordan News Agency