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South Korea’s Iran crude oil import in October up 98.8% y/y
Oil tankers are anchored at Basra harbour, 550 kms (340 miles) south of Baghdad, on February 19, 2010. Iraqi Oil Minister Hussein al-Shahristani announced the construction of four new water platforms to ease the export of oil and increase its production. AFP PHOTO/ESSAM AL-SUDANI (Photo credit should read ESSAM AL-SUDANI/AFP/Getty Images)

South Korea’s Iran crude oil import in October up 98.8% y/y

SEOUL: Nov 23 South Korea’s crude oil imports from Iran rose 98.8 percent in October from a year earlier, while its total crude oil imports rose 12.6 percent year on year to 83.9 million barrels last month, data from state-run Korea National Oil Corp (KNOC) showed on Monday.

For earlier story on South Korea’s Iranian crude oil imports in October, based upon the country’s customs data:

Note: Crude oil stocks and oil product stocks do not add up to total end-month oil stocks because the total volume also includes byproducts obtained from initial refining, which are used to make premium oil products.