South Korea imported no Iranian crude for the fourth straight month in December due to the re-imposition of US sanctions on Tehran, while intakes from the US and Kazakhstan rose sharply as alternative sources, data released by Korea National Oil Corp showed.
News ID: 3423 Publish Date : 2019/01/26
South Korea's oil buyers will resume oil imports from Iran in the coming weeks, a senior energy official announced.
News ID: 3240 Publish Date : 2019/01/13
South Korea says it has reached a deal with Iran to use local currencies in mutual trade between the two countries instead of the US dollar.
News ID: 2572 Publish Date : 2018/11/10
The UAE's Abu Dhabi National Oil Co will discontinue term contracts to sell straight-run fuel oil loading from Ruwais from 2019 as it plans to restart its fire-hit residue fluid catalytic cracker by the end of this year or early next year, traders said this week.
News ID: 2555 Publish Date : 2018/11/09
South Korea's crude oil imports from Iran tumbled in August with the November deadline for US sanctions on Tehran approaching fast, while shipments from the US and Algeria rose sharply as Seoul continues to seek alternative sources, industry officials said Thursday.
News ID: 2287 Publish Date : 2018/09/27
Since hitting near decade highs in March, battery raw material cobalt is down by more than a third as new supply from the Congo, responsible for the bulk of cobalt mining, enter the market.
News ID: 2180 Publish Date : 2018/08/28