South Korea’s oil consumption fell to a two-year low in the first half of the year due to an economic slump and high oil prices, said a Yonhap news report. South Korea consumed 377.62 million barrels of oil in the January-June period, down 4.72 million barrels from a year ago. The first-half oil consumption was…
KOREA: Oil consumption down in first half on high prices, slow economic growth
Posted on August 16, 2004 by EnergyAsia