South Korea did not import crude oil from August, compared with 232,723 tonnes i...
FILE PHOTO - A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo
SEOUL - South Korea did not import crude oil from August, compared with 232,723 tonnes imported a year earlier, preliminary data from Korea Customs Service showed on Sunday. The world’s fifth-largest crude buyer imported a total about 13 million tonnes of crude last month against 12.6 million tonnes imported a year earlier, the data showed.
Final data for South Korea’s crude oil imports last month will be published by state-run Korea National Oil Corp later the month. The KNOC data is considered the industry standard for South Korea’s oil imports.
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