Pandemic-hit Oil Refiners’ Losses Estimated at 5 tln Won in 2020
SEOUL, Jan. 3 (Korea Bizwire) — The coronavirus pandemic is likely to have come as a big draw on South Korean oil refiners last year as their low refining margins ate into their profitability, industry sources said Sunday. Whipsawed by weak oil prices and sluggish refining margins, industry leader SK Innovation Co. and three other [...]