South Korea halts Kazakh CPC Blend crude imports in Feb amid Red Sea jitters

Capt. John

South Korea halted purchasing Kazakhstan’s CPC Blend crude with Asia’s third biggest crude importer taking zero cargo from the central Asian producer in February, as major local refiners find logistics for the light sweet crude procurement too costly and ineffective amid ongoing Red Sea marine...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/032824-south-korea-halts-kazakh-cpc-blend-crude-imports-in-feb-amid-red-sea-jitters

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon