01JAN2019 - NEWS - Import of crude oil from US by South Korea is expected to reach highest level

The import of crude oil by South Korea from the United States and Mexico is expected to hit the highest level this year since 1988. According to Petronet of Korea National Oil Corp. (KNOC) on Dec. 30, Korea's imports of American crude oil stood at 10,675,000 barrels in November, accounting for 11.2 percent of the nation's total imports of 95,328,000 barrels. American crude oil took up more than 10 percent of the total for the second month in a row as their share reached 10.92 percent in October.

Published by Editor - www.Livebunkers.com at 01-Jan-2019 06:10:40 [UTC] , contact editor at editor@livebunkers.com