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S&P Global Platts: S Korea's Longest Monsoon on Record to Push Q3 Gasoline Demand 12% Lower
August 14, 2020
LONDON, England, Aug. 14 -- S&P Global Platts, a subsidiary of S&P Global, issued the following news:

Heavy rains and flash floods across various regions in South Korea could put the brakes on the country's auto fuel demand recovery since the peak of the COVID-19 cases in March-April, with refinery and industry officials expecting domestic gasoline consumption in the third-quarter to fall at least 12% from the second-quarter and year on year.

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