- COVID-19 reduces oil consumption in the country
- Oil refineries facing a rapid loss
- Export to China has gone down
Due to the spread of COVID-19, South Korea’s oil refineries are going through a loss in demand. The oil refineries have begun to cut down production as they are losing 20 to 40 percent in income since last year.
Tags : SOUTH KOREA, COVID-19, OIL REFINERY, EXPORT TO CHINA, PRODUCTION LOW,