S. Korea's exports of refined oil products down on U.S.-China trade war
- 5 years ago
South Korea's exports of oil products have declined for a second straight quarter because of the U.S.-China trade war.
The Korea Petroleum Association said Thursday that Korean refiners shipped some 127- million barrels from July to September, down 1 percent from the previous year.
From April to June, shipment volume fell nearly 6 percent.
That was the first time growth had stopped in six years.
The association said there's been lower demand for oil due as the trade war slows down the global economy.
The Korea Petroleum Association said Thursday that Korean refiners shipped some 127- million barrels from July to September, down 1 percent from the previous year.
From April to June, shipment volume fell nearly 6 percent.
That was the first time growth had stopped in six years.
The association said there's been lower demand for oil due as the trade war slows down the global economy.