*South Korea, the world’s number four crude importer behind China, the US and India, saw volumes rise 7% to 2.81mn b/d for 2022, a three year high but 220,000 b/d shy of the record 3.03mn b/d set in 2017 (see table).
South Korea Crude Imports: Saudi Up 23% To Record 995,000 b/d For 2023
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Tables
South Korea 2022 Crude Oil & Condensate Imports ('000 b/d): Saudi Ships Record 1mn b/d
Charts
South Korea Crude Imports ('000 b/d): Mideast Share Rebounds In 2022 With Record Saudi Volumes
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