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Oil and Gas

Hyundai Oilbank, Exxon in $64 mln fuel oil deal

SEOUL, March 19 (Reuters) - South Korea's Hyundai Oilbank Corp said on Thursday it had signed a $64 million term deal with U.S. oil major ExxonMobil XOM.N to supply high-sulphur fuel oil for one year.

The volume of the deal was not mentioned by the refiner.

Hyundai Oilbank exports about $400 million worth of high-sulphur fuel oil to China annually, it said.

Reporting by Angela Moon; Editing by Jacqueline Wong

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