Oil & Gas

01 Mar 2021

S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data

01 Mar 2021  by Reuters   
South Korea's February crude oil imports fell 14.7% 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).


Note: The ministry does not break down imports by country of origin. South Korea's total January crude imports fell 17.1% year-on-year to 76.87 million barrels, KNOC data showed.

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