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SOUTH KOREAN OIL REFINERS STRUGGLING DUE TO COVID-19

Published On 09 Mar 2020 08:40 AM


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Highlights –

  • Oil demand has been low due to the latest epidemic, crude prices struggle
  • Singapore complex gross refining margin stood at $1.4 per barrel
  • South Korea refiners earnings plunge in 2019 due to negative refining margins

Since the coronavirus outbreak, local oil refineries have been struggling to cope with falling refining margins and weaker demand for t....


Tags : OIL REFINERY, SOUTH KOREA, FALLING DEMAND IN CRUDE OIL, PRODUCTION REDUSE,
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