PRESSTV. Official data show that South Korea more than doubled its crude oil imports from the Islamic Republic of Iran in February year-on-year.
Citing data from state-run Korea National Oil Corp (KNOC), the Platts weekly reported on Tuesday that South Korea's crude imports from Iran stood at 8 million 140 thousand barrels or roughly 290 thousand barrels per day (bpd) in February, up from around 4 million barrels in the same period last year.
According to the report, the volume of South Korea's February oil imports from the Islamic Republic increased…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.