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S.Korea’s April crude oil imports fall 0.9% y/y – preliminary data

South Korea’s April crude oil imports fell 0.9% to 81.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energy showed on Saturday.

Final data will be released later this month by state-run Korea National Oil Corp (KNOC).

Details are as follows (in millions of barrels):
April 2021 March 2021* April 2020*
Crude Oil 81.6 71.9 82.3
* Actual import figures
Note: The ministry does not break down imports by country of origin. South Korea’s total March crude imports fell 14.5% year-on-year to 71.9 million barrels, KNOC data showed.
Source: Reuters (Reporting by Joori Roh; editing by Richard Pullin)

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