Korea’s February crude oil imports slide 14.7pct y/y-preliminary data
South Korea’s February crude oil imports fell 14.7 percent to 73.6 million barrels from a year earlier,preliminary data from the Ministry of Trade, Industry and Energy
showed on Monday.
Final data will be released later this month by state-run Korea National Oil Corp (KNOC).
Details are as follows (in millions of barrels):
February 2021 January 2021* February 2020*
Crude Oil 73.6 76.9 86.3
* Actual import figures
Note: The ministry does not break down imports by country of origin. South Korea’s total January crude imports fell 17.1 percent year-on-year to 76.87 million barrels, KNOC data showed.
Category: Korea