Aug 28 2019
SINGAPORE/NEW YORK/SEOUL Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, four people familiar with the matter said.
Aug 23 2019
SINGAPORE/SEOUL Profits from making petrochemicals in Asia have plunged to their lowest in months as the unrelenting trade conflict between Beijing and Washington stifles Chinese demand for chemicals and plastics just as waves of new production start to come on line.
Aug 14 2019
SEOUL South Korea's oil imports from the United States and the United Arab Emirates jumped in July, with Iranian shipments remaining at zero for a third month due to U.S. sanctions, customs data showed on Thursday.
Aug 12 2019
SEOUL South Korea said on Monday it plans to drop Japan from its "white list" of countries with fast-track trade status from September, a tit-for-tat move that deepens a diplomatic and trade rift between the two countries. | Video
Aug 11 2019
SEOUL, Aug 12 Oil prices fell on Monday, dragged
down by an economic slowdown and worries about the Sino-U.S.
trade war, which have led to a cut in the growth outlook for oil
demand.
Aug 08 2019
SEOUL, Aug 9 Oil prices rose on Friday,
supported by expectations of more production cuts by OPEC amid
fears the U.S.-China trade row could lead to a global slowdown,
curbing demand for crude.
Aug 06 2019
SEOUL, Aug 7 Oil fell on Wednesday as the
intensifying Sino-U.S. trade dispute stoked worries over demand,
although a drop in U.S. crude inventories offered some support
to prices.
Aug 05 2019
* S.Korea's U.S. crude imports to remain firm in H2 -
analysts
Jul 26 2019
SEOUL South Korea's SK Innovation , owner of South Korea's biggest oil refiner SK Energy, said on Friday that refining margins are expected to improve, driven by solid diesel demand before new rules on marine fuels take effect from 2020.
Jul 23 2019
SEOUL S-Oil , South Korea's third-largest refiner, said on Wednesday it expects refining margins to strengthen in coming quarters, supported by demand for new low-sulfur marine fuels and the U.S. driving season.