Edition:
United States

Jane Chung

South Korea stops Iranian oil imports in May as sanction waivers end

Jun 14 2019

SEOUL South Korea halted all imports of Iranian oil in May, customs data showed on Saturday, as waivers on U.S. sanctions against Iran ended at the start of last month.

Oil falls on weaker oil demand growth, surprise rise in U.S. crude stocks

Jun 11 2019

SEOUL, June 12 Oil prices fell on Wednesday, weighed down by a weaker oil demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts.

South Korea steelmaker POSCO may push 'green' output with up to $169 million in new funds: executive

Jun 03 2019

SEOUL South Korean steelmaker POSCO may invest up to 200 billion won ($169 million), on top of a previously announced 1 trillion won, to meet tighter environmental rules on production amid a clampdown on pollution, an executive said on Monday.

UPDATE 3-S.Korea ramps up disinfection to protect against North's outbreak of African swine fever

May 31 2019

* Shares of South Korean vaccine makers, feed makers rise (Adds comments of analyst, FAO official; paragraphs 12-15)

South Korea braces for African swine fever outbreak after North Korea case

May 31 2019

SEOUL South Korea readied on Friday to prevent an outbreak of African swine fever in its pig herd after the disease was found in North Korea, the latest Asian country to be hit by the virus' rapid spread.

CORRECTED-UPDATE 2-S.Korea braces for African swine fever outbreak after N.Korea case

May 30 2019

SEOUL, May 31 South Korea readied on Friday to prevent an outbreak of African swine fever in its pig herd after the disease was found in North Korea, the latest Asian country to be hit by the virus' rapid spread.

South Korea's oil imports from Iran rise 17% on-year in April, but set to end from May

May 14 2019

SEOUL South Korea's Iranian oil imports rose 17% in April from a year earlier, customs data showed on Wednesday, but shipments are set to end from May as waivers on U.S. sanctions on Tehran expired at the start of this month.

Oil falls on trade dispute despite surprise drop in U.S. crude inventories

May 08 2019

SEOUL, May 9 Oil prices dropped on Thursday amid concerns over the escalating trade battle between the United States and China, despite a surprise fall in U.S. crude stockpiles.

RPT-ANALYSIS-No stone unturned: S.Korea to sweep world for Iran oil replacement

Apr 28 2019

* Chart on South Korean condensate imports: https://tmsnrt.rs/2XDyNpf

No stone unturned: South Korea to sweep world for Iran oil replacement

Apr 26 2019

SEOUL/SINGAPORE South Korea will likely return to a familiar game plan to replace Iranian oil it will no longer have access to after May now that the United States intends to tighten sanctions on Iranian exports.

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