South Korean refiners to embrace Saudi crude amid market uncertainty
29.10.2020
MOSCOW (MRC) -- В South Korea would heavily favor Saudi crude oil over US or other arbitrage barrels for the rest of the year as local refiners find their staple medium sour Middle Eastern crude to be the most viable and economical feedstock option in times of volatile refining margins and tepid consumer fuel demand, according to S&P Global.South Korea made rigorous efforts to diversify i