South Korea’s SK Innovation to raise Q4 crude runs but still cautious on fuel demand, margins

South Korea’s SK Innovation plans to raise run rates and crude throughput in the fourth quarter of this year as the country’s top refiner expects oil product cracks to remain healthy, though macroeconomic challenges pose a threat to domestic and regional fuel demand outlook, company officials and fuel marketing managers said over Nov. 9-17. SK Innovation refineries’ average run rate… South Korea’s SK Innovation plans to raise run rates and crude throughput in the fourth quarter of this year as the country’s top refiner expects oil product cracks to remain healthy, though macroeconomic challenges pose a threat to domestic and regional fuel demand outlook, company officials and fuel marketing managers said over Nov. 9-17. SK Innovation refineries’ average run rate… Read More