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As on Feb 28, 2017 12:00 AM Your results on : Mid Session    
Commodities Buzz: EU To Import Large Quantities of Rapeseed From Canada and Australia
28-Feb-2017 (15:36)
Hot Commodities: Gold Sold Off After Testing Near Four Month High
28-Feb-2017 (15:16)
Commodities Buzz: Indian Crude Oil Basket Holds Near Rs 3700 Levels
28-Feb-2017 (15:08)
International Prices Of Imported Edible Oil At Domestic Ports As On 28th February 2017
28-Feb-2017 (14:46)
Commodities Buzz: Weaker Chinese Sowings To Hurt Global Corn Output
28-Feb-2017 (13:52)
Commodities Buzz: S.Korea's Oil product consumption rises in 2016 on low crude prices
28-Feb-2017 (13:27)

Oil product consumption in South Korea increased last year on low crude prices, which also boosted oil imports, a government report showed on Monday. Crude oil imports stood at 1.08 billion barrels in 2016, up 5.1 percent from the previous year, according to the Ministry of Trade, Industry and Energy.


Growing imports followed a fall in prices for Dubai crude, South Korea's benchmark, which declined 18.3 percent from a year earlier to 41.41 U.S. dollars per barrel on average in 2016. Oil product consumption in the domestic market reached 922.12 million barrels in 2016, up 7.7 percent from a year ago. The consumption for industrial usage advanced 8.5 percent, with the reading for transport purpose growing 4.8 percent.


Sales in gasoline and diesel reached record highs of 7.8 million barrels and 15.08 million barrels each last year. Oil product imports increased 8.3 percent from 307.88 million barrels in 2015 to 3.33.47 million barrels in 2016. In the cited period, production in oil product rose 3.5 percent from 1.12 billion barrels to 1.16 billion barrels.

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Commodities Buzz: China Yuan Strengthen To 6.875 Against USD
28-Feb-2017 (12:45)
Commodities Buzz: Sime Derby Profits Boosted On Soaring Palm Oil Prices
28-Feb-2017 (12:48)
Commodities Buzz: Copper Markets in Deficit of 90000 Tonnes in Jan-November 2017 Says ICSG
28-Feb-2017 (11:49)
Commodities Buzz : Malaysia Palm Oil Exports Down 14.2 Percent During February 1 To 28, 2017
28-Feb-2017 (11:22)
Indian Rupee: Dips Lower As Dollar Strengthens Overseas
28-Feb-2017 (11:09)
CAI Raises Cotton Consumption Estimates To 295 Lakh Bales
28-Feb-2017 (10:16)
Base Metals Preview: Copper underperforms in the second half of February 2017
28-Feb-2017 (10:02)
Economic Buzz: Eurozone Economic Sentiment Improves In February
27-Feb-2017 (16:40)
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