S. Korea Emerges as No. 2 Buyer of U.S. Oil in 2018: Report

SEOUL, Mar. 12 (Korea Bizwire) — South Korea outstripped China as the world’s No. 2 importer of U.S. crude oil in 2018 due to its cheaper price and a Sino-American trade war, an industry report said Tuesday. South Korea’s daily average imports of American crude amounted to 236,000 barrels last year, trailing Canada’s 378,000 barrels, [...]