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South Korea’s Naphtha Imports Rise

Oil

South Korea’s naphtha imports in the first 4 months of 2017 have risen by 29K b/d y-o-y to 533K b/d, according to data from the Korea Energy Economics Institute. In contrast, imports of fuel oil dropped by 36K b/d y-o-y to an average of 117K b/d, the lowest volume for the first 4 months of a year since 2013.