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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.