04-09-2017

S.Korea’s Aug crude oil imports rise 15 pct y/y – preliminary data

crude

South Korea’s crude oil imports rose 15 percent in August from a year earlier to 99 million barrels, preliminary data from the Ministry of Trade, Industry and Energy showed on Friday. Final data will be released later this month by state-run Korea National Oil Corp (KNOC). Details of preliminary imports and previous actual figures are as follows:

    
    (In millions of barrels)
                August 2017        July 2017*      August 2016*
 Crude Oil             99.0              93.6              86.1

* Actual import figures
Note: The ministry does not break down imports by country of origin. South Korea’s total crude imports in July climbed 3.9 percent to 93.6 million barrels year-on-year, according to KNOC data last month.

Source: Reuters

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