South Korea oil data – June 2019

Published at 13:14 23 Jul 2019 by

South Korean oil demand contracted further in June, down by 0.11 mb/d y/y, as ongoing regional trade tensions dampen economic activity, leading overall Korean exports to shrink for the seventh consecutive month (-13.5% y/y). Heavy petrochemical cracker maintenance in June (+0.18 Mt more ethylene cap…

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