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. For full story, click here
Continue reading "Crude Oil Keeps Korea in Red"
Monday, August 4, 2008
World’s fifth largest crude importer, South Korea, reportd plans for a regional oil storage hub to ensure energy security as well as create new business opportunities. For full news, click here
Continue reading "South Korea to become regional oil storage hub"
Thursday, July 31, 2008
South Korea’s spot fuel exports will decline in August by 16 per cent from July, due to a fuel oil production cut by SK Energy. For full news, click here
Continue reading "South Korea will cut spot fuel oil exports"
The Crude Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Monday, August 25, 2008