Oil Investing News » Crude Oil Keeps Korea in Red

Crude Oil Keeps Korea in Red

August 25, 2008 @ 11:27 pm In Oil Market News

According to the Ministry of Knowledge Economy and Korean Customs, the country accrued a whopping US$6 billion trade deficit this month alone, as of Aug. 20.

A ministry official said:

Crude oil is still being imported at over $130 a barrel.

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