South Korea oil data – Dec 2018

Published at 10:41 23 Jan 2019 by

South Korean oil demand fell y/y for the sixth straight month in December 2018, by 69 thousand b/d to 2.68 mb/d, as the China-US trade war weighed on regional demand. Weakness was led by naphtha, down y/y by 68 thousand b/d to 1.25 mb/d, amid weak steam cracking margins compared to propane. The coun…

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