Kuwaiti oil exports to S Korea rise

Kuwait's crude oil exports to South Korea in November surged 74.4 percent from a year earlier to 14.06 million barrels, or 469,000 barrels per day (bpd), latest data released by the state-run Korea National Oil Corporation showed. As South Korea's No. 2 supplier, Kuwait provided 17.5 percent of the Asian nation's total crude oil imports in November. In the January-November period, Kuwait boosted sales to the world's fifth-largest crude importer by 19.2 percent year-on-year to 124.13 million barrels (371,000 bpd), reported Kuwait's official news agency (KUNA). Overall South Korea's crude oil imports in November rose 9.5 percent on the year to 80.21 million barrels (2.67 million bpd