South Korea oil exports down 2.5% in May

South Korea’s oil product exports declined by 2.5% to 35,199,000 barrels  from the previous month. Looking at the exports by type, the country exported 8,851,000 barrels of jet fuel, up 23.9%, 3,949,000 barrels of gasoline, up 17.8% and 14,226,000 barrels of diesel oil, down 1.0% from a month ago. Oil product exports to China rose 28.7% in May from the previous month, consisting of 670,000 barrels of diesel fuel, 1,606,000 barrels of bunker C fuel, 639,000 barrels of naphtha and 3,503,000 barrels of jet fuel. (June 27, 2011)