Free Trial

S-Oil Restarts CDU After Fire

REFINING

South Korea’s S-Oil restarted a CDU at the refinery complex in Onsan on Tuesday after a fire late last week, sources told Reuters.

  • The shutdown affected operations at the 73kbpd RFCC which had reduced runs by up to 20%, two sources said.
  • The company is still loading 10-ppm gasoil cargoes for spot sales, the sources said, but in cancelled a tender to sell one light cycle oil cargo loading next month.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.