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Lubricants Act as a Supporting Factor for S. Korean Oil Refiners

Lubricants Act as a Supporting Factor for S. Korean Oil Refiners
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

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SK Innovation swings to red in Q2 on falling oil prices

SK Innovation Co. said Friday it turned to the red in the second quarter as falling oil prices and thinner margins hurt its profitability. The company logged an operating loss of 106.8 billion won ($83.2 million) in the April-June period, compared with the 2.32 trillion-won operating profit a year ago, the energy unit of SK Group said in a regulatory filing. Revenue fell 5.9 percent to 18.72 trillion won. It reported. ....

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SK Innovation Swings to Red in Q2 on Falling Oil Prices

SK Innovation Swings to Red in Q2 on Falling Oil Prices
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

United States , Soult Ukpyolsi , South Korea , Yonhap Infomax , Sk On Co , Yonhap News Agency , Sk Innovation Co , Sk Group , Korea Bizwire , Yonhap News , Manufacturing Production Credit , Inflation Reduction Act , North America ,

Seoul shares open lower amid rate hike woes

Seoul shares opened lower Thursday, bucking gains on Wall Street, as investors remain concerned over the US Federal Reserve's additional rate hikes to tame inflation. The benchmark Korea Composite Stock Price Index fell 15.79 points, or 0.61 percent, to 2,592.45 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average inched up 0.31 percent to 35,061.21 points, and the tech-heavy Nasdaq Co. ....

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Seoul shares open lower amid rate hike woes | Yonhap News Agency

SEOUL, July 20 (Yonhap) Seoul shares opened lower Thursday, bucking gains on Wall Stree. ....

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