South Korea’s Feb crude imports plunge amid economic jitters as refiners seek spot discounts

Capt. John

South Korea’s crude imports hit an 18-month low in February as sluggish economic activity dampened fuel demand, while the refining industry sought to optimize margins by sourcing discounted spot cargoes amid tariff hikes and a narrow Brent-Dubai price spread, industry sources said over March 27-28....

https://www.hellenicshippingnews.com/south-koreas-feb-crude-imports-plunge-amid-economic-jitters-as-refiners-seek-spot-discounts/

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