中文
Affected by the Israeli-Palestinian conflict,international oil prices,which had previously fluctuated frequently,are likely to skyrocket again at any time.Due to the high dependence of the South Korean economy on external energy imports,especially in the Middle East where crude oil imports account for 60%of South Korea’s overall crude oil imports,if there is a problem with crude oil supply,the South Korean economy will suffer a huge blow.At present,the South Korean government has begun to address the potential threat posed by international oil price fluctuations to the South Korean economy.
Since September,international oil prices have fluctuated frequently around$90 per barrel,and the price trend curve has”rebounded”.International investment banks such as Goldman Sachs and JPMorgan generally predict that oil prices will exceed$100 per barrel next year.With the outbreak of the Israeli-Palestinian conflict,this expectation has further strengthened.On October 9th,the main contracts for WTI crude oil and Brent oil rose by over 5%during the trading session,and both ended up rising by over 4%.
The international crude oil market is generally concerned about the continued escalation of conflicts in the Middle East region,especially the possibility that the United States may impose sanctions on Iran’s oil exports again at any time,which may have a huge impact on international oil prices.
According to an analysis of the oil supply and demand data of the Korean Petroleum Corporation by South Korean media”Daily Economy”,the total amount of crude oil imported by South Korea from six Middle Eastern countries,including Saudi Arabia,the United Arab Emirates,Iraq,and Kuwait,reached 667 million barrels last year,an increase of 19.7%year-on-year.According to the International Energy Agency(IEA),South Korea’s dependence on Middle Eastern crude oil imports is as high as 60%,second only to Japan’s 91.8%and India’s 60.9%.
Affected by the Israeli-Palestinian conflict,international oil prices,which had previously fluctuated frequently,are likely to skyrocket again at any time.Due to the high dependence of the South Korean economy on external energy imports,especially in the Middle East where crude oil imports account for 60%of South Korea’s overall crude oil imports,if there is a problem with crude oil supply,the South Korean economy will suffer a huge blow.At present,the South Korean government has begun to address the potential threat posed by international oil price fluctuations to the South Korean economy.
Since September,international oil prices have fluctuated frequently around$90 per barrel,and the price trend curve has”rebounded”.International investment banks such as Goldman Sachs and JPMorgan generally predict that oil prices will exceed$100 per barrel next year.With the outbreak of the Israeli-Palestinian conflict,this expectation has further strengthened.On October 9th,the main contracts for WTI crude oil and Brent oil rose by over 5%during the trading session,and both ended up rising by over 4%.
The international crude oil market is generally concerned about the continued escalation of conflicts in the Middle East region,especially the possibility that the United States may impose sanctions on Iran’s oil exports again at any time,which may have a huge impact on international oil prices.
According to an analysis of the oil supply and demand data of the Korean Petroleum Corporation by South Korean media”Daily Economy”,the total amount of crude oil imported by South Korea from six Middle Eastern countries,including Saudi Arabia,the United Arab Emirates,Iraq,and Kuwait,reached 667 million barrels last year,an increase of 19.7%year-on-year.According to the International Energy Agency(IEA),South Korea’s dependence on Middle Eastern crude oil imports is as high as 60%,second only to Japan’s 91.8%and India’s 60.9%.