*Whilst the world’s number one crude importer, China, has seen takings fall this year (MEES, 18 October), number four South Korea saw imports rise by almost 4% to 2.82mn b/d for the first nine months of 2024 putting this year on pace for the highest annual figure since 2019.
*Saudi Arabia remains far and away Korea’s top supplier with 942,000 b/d for 9M 2024, though this is down 2% year-on-year, with the Saudi market share of 33.4% for 9M 2024 on pace for a three-year low. (CONTINUED - 308 WORDS)
