Jane Chung

Brent nears $72 amid tightening supplies; surprise draw in U.S. crude stocks

17 Apr 2019

SEOUL, April 17 Oil prices rose on Wednesday, supported by concerns over tightening global supply due to U.S. sanctions and fighting in Libya, as well as an unexpected fall in U.S. crude inventories.

UPDATE 1-S.Korea's oil imports from Iran fall 12 pct in March y/y

15 Apr 2019

SEOUL, April 15 South Korea's oil imports from Iran fell 12 percent in March from a year earlier, customs data showed on Monday, but the monthly intake was still the highest since the country resumed buying Iranian oil in January.

S.Korean refiners reject U.S. oil cargoes, but will keep trade going

29 Mar 2019

SEOUL/SINGAPORE, March 29 Two South Korean oil importers have recently turned back U.S. crude oil cargoes over quality issues, although that is not likely to sever the fast-growing trade link between the close political allies.

Trafigura ships more Asian gasoline to Americas on new tanker

28 Mar 2019

SINGAPORE Commodity trader Trafigura is shipping this month a second newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West, four industry sources who closely monitor petrol trade flows said on Thursday.

Pork for pollution? South Koreans fight smog with grease

20 Mar 2019

SEOUL Whenever dust particles hang thick in the air in South Korea, sales of pork rise. | Video

UPDATE 1-S.Korea's Feb Iran oil imports down 12.5 pct on-year

15 Mar 2019

* Feb Iranian crude imports at 983,497 T vs 1.12 mln T last year

South Korea steps up fight against pollution, says problem is 'social disaster'

13 Mar 2019

SEOUL South Korea on Wednesday ramped up its firepower as it battles pollution, passing a set of bills that designate the problem a 'social disaster' and which could unlock emergency funds to tackle the issue.

South Korea passes bills to fight air pollution, says problem is 'social disaster'

13 Mar 2019

SEOUL, March 13 South Korea's parliament on Wednesday passed a set of bills to fight air pollution that has blanketed parts of the country in recent years, with one bill designating the problem a 'social disaster'.

South Korea resumes Iranian oil imports in January, but at lower level

15 Feb 2019

SEOUL South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76 percent from the same month last year.

UPDATE 1-POSCO Q4 profit grows 10 pct; sees strong demand from India, SouthEast Asia in 2019

30 Jan 2019

* Sees 2019 revenue at 66.3 trln won vs 65.0 trln won in 2018

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