S KOREAN AVIATION FUEL INFLUX RETRACTS BY 40% ON WEAK GLOBAL FUEL DEMANDS

• The consumption of jet fuel in South Korea saw a 40.5 percent year-on-year drop during the first quarter this year, according to the latest data feed from the Korea National Oil Corporation.
• With most international flights from Korea canceled due to weak travel demand and international travel restrictions amid the coronavirus pandemic, the industry consumed just 11.59 million barrels of oil.

Overall....