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EIA: South Korea Overtakes China as No. 2 Buyer of US Oil

EghtesadOnline: South Korea overtook China as the No. 2 destination for US crude behind Canada in 2018, as shipments to South Korea soared to a record high of 558,000 barrels per day in December while shipments to China have started to return from zero, according to Energy Information Administration data released Friday.
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Publish Date:10/March/2019 | 13:00

US, South Korea Discuss Iran Oil Issues

EghtesadOnline: A top US official discussed this week South Korea ’s crude oil imports from Iran and urged Seoul to accelerate its oil supply diversification, S&P Global Platts reported on Thursday, quoting a diplomatic source.
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Publish Date:23/February/2019 | 14:46

South Korea Resumes Iran Oil Import

EghtesadOnline: South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
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Publish Date:16/February/2019 | 11:43

After building boom, South Korea girds for housing glut

EghtesadOnline: In Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gleaming new high-rises, but realtor Kim Woong-jib says he is pointing would-be apartment buyers to older buildings.
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Publish Date:29/August/2016 | 07:01