Economics

Saudis Export One Million Barrels of Crude to Korea, Riyadh Says

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Saudi Arabia is exporting more than one million barrels a day of crude oil to South Korea, Riyadh newspaper reported, citing S-Oil Corp.’s Chief Executive Officer Ahmed A. Subaey.

South Korea’s third-biggest oil refiner gets 640,000 to 650,000 barrels a day of that amount, Subaey told the daily.