S-Oil May Lower Crude Run Rate by 10 Percent
Investing News Network - December 12th, 2011
Reuters reported that S-Oil, South Korea’s third-largest crude oil refiner, may lower its January crude run rates by at least 10 percent.
Reuters reported that S-Oil, South Korea’s third-largest crude oil refiner, may lower its January crude run rates by at least 10 percent.
As quoted in the market news:
Refineries in Asia are struggling with slumping profits, processing high-cost crude into oil products as demand for their exports fails to rise in winter.