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S.Korea’s Dec crude oil imports down 6.1% y/y – preliminary data

South Korea’s crude oil imports in December fell 6.1% from a year earlier to 87.3 million barrels, preliminary data from the Ministry of Trade, Industry and Energy showed.

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

Details are as follows (in millions of barrels):
.               Dec 2019 Nov 2019* Dec 2018*
Crude Oil 87.3          93.1             93.0
* Actual import figures

Note: The ministry does not break down imports by country of origin. South Korea’s total November crude imports decreased 2.3% year on year to 93.1 million barrels, KNOC data showed.
Source: Reuters (Reporting By Jane Chung and Joori Roh; editing by Neil Fullick)

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