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Iran continues to raise market share in Asia, with crude sales
to South Korea increasing by 26.5 percent on the year in July,
while Saudi Arabia’s oil sales to Seoul declined on an annual
basis, according to Korean customs data, as reported by Reuters.
South Korea’s imports of Iranian oil–most of which is the
ultra-light condensate—increased to 1.40 million tons last month,
equal to 330,151 bpd, compared to 1.10 million tons imported from
Iran in July last year. At the same time, South Korea’s purchases
of Saudi Arabian…
to South Korea increasing by 26.5 percent on the year in July,
while Saudi Arabia’s oil sales to Seoul declined on an annual
basis, according to Korean customs data, as reported by Reuters.
South Korea’s imports of Iranian oil–most of which is the
ultra-light condensate—increased to 1.40 million tons last month,
equal to 330,151 bpd, compared to 1.10 million tons imported from
Iran in July last year. At the same time, South Korea’s purchases
of Saudi Arabian…
Iran continues to raise market share in Asia, with crude sales
to South Korea increasing by 26.5 percent on the year in July,
while Saudi Arabia’s oil sales to Seoul declined on an annual
basis, according to Korean customs data, as reported by Reuters.
South Korea’s imports of Iranian oil–most of which is the
ultra-light condensate—increased to 1.40 million tons last month,
equal to 330,151 bpd, compared to 1.10 million tons imported from
Iran in July last year. At the same time, South Korea’s purchases
of Saudi Arabian…
to South Korea increasing by 26.5 percent on the year in July,
while Saudi Arabia’s oil sales to Seoul declined on an annual
basis, according to Korean customs data, as reported by Reuters.
South Korea’s imports of Iranian oil–most of which is the
ultra-light condensate—increased to 1.40 million tons last month,
equal to 330,151 bpd, compared to 1.10 million tons imported from
Iran in July last year. At the same time, South Korea’s purchases
of Saudi Arabian…