Korea’s Thirst for Canadian Crude Is Poised to Outlast Iran War


With the conflict disrupting shipping traffic in the Middle East, South Korean imports have risen fourfold to 61,000 barrels a day in the second quarter from 17,000 in the first, Vortexa data show. The change comes after Alberta and South Korea reached an agreement in April to remove a standard 3% tariff that had been placed on Canadian oil. 



Source link

  • Related Posts

    White House Cheers Inflation Data While Iran War Sparks New Price Surge

    When rising gas prices began to cut into Americans’ paychecks, President Trump’s top economic adviser sought to offer a note of reassurance — both for struggling families and for his…

    Texas Port CEO Sees US Oil Exports Holding Above Prewar Levels

    The boost to US crude exports has even revived conversations about a pipeline connecting Corpus Christi to the oil hub of Cushing, Oklahoma, which serves as the main conduit for…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    What to do if you lose power or air conditioning in a heat wave blackout – National

    What to do if you lose power or air conditioning in a heat wave blackout – National

    Chase Freedom Flex ending cellphone protection Sept. 20

    Chase Freedom Flex ending cellphone protection Sept. 20

    PlayStation Store’s Summer Sale arrives on July 15 – PlayStation.Blog

    PlayStation Store’s Summer Sale arrives on July 15 – PlayStation.Blog

    White House Cheers Inflation Data While Iran War Sparks New Price Surge

    White House Cheers Inflation Data While Iran War Sparks New Price Surge

    Denise O’Sullivan: Liverpool midfielder leaves for Gotham FC after six months

    Denise O’Sullivan: Liverpool midfielder leaves for Gotham FC after six months

    Darline Graham, sister of Lindsey Graham, sworn in to fulfill his Senate term | US Senate

    Darline Graham, sister of Lindsey Graham, sworn in to fulfill his Senate term | US Senate