S. Korea's exports of refined oil products down on U.S.-China trade war

2019-10-24 71

South Korea's exports of oil products have declined for a second straight quarter because of the U.S.-China trade war.
The Korea Petroleum Association said Thursday that Korean refiners shipped some 127- million barrels from July to September, down 1 percent from the previous year.
From April to June, shipment volume fell nearly 6 percent.
That was the first time growth had stopped in six years.
The association said there's been lower demand for oil due as the trade war slows down the global economy.