*South Korean crude imports continue to tumble, slumping to 2.475mn b/d for 1Q 2021, the lowest quarterly total since 2Q 2014 as March imports also fell 14% month on month to 2.299mn b/d, marginally above November 2020’s seven-year low 2.294mn b/d.

*Prospects for a swift rebound are low as Covid-19 cases continue to rise, forcing the government to further tighten restrictions in a bid to counter the pandemic. (CONTINUED - 435 WORDS)