South Korea maintains robust crude import trend as refiners cheer lucrative product cracks

South Korea is undeterred by surging crude prices and the world’s fourth biggest crude importer aims to actively secure ample refinery feedstocks as local refiners maintain relatively high run rates to capture lucrative Asian refining margins, industry and market participants said over April 18-21. South Korea received 11.472 million mt, or 84.09 million barrels, of crude oil in March, up…