Highlights Crude imports from Kazakhstan, US rise sharply in 2018 Inconsistent OPEC output, volatile prices expected in 2019 CPC Blend, light sweet US crude seen as competitive Singapore — South Korean refiners may continue to actively diversify their crude oil supply sources in 2019 as they are willing to buy more cargoes from the US and Kazakhstan following the latest OPEC production cut agreement. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The sharp downturn in international outright crude prices in the fourth quarter may have taken some pressure off many Asian crude importers who were seeking cheaper oil outside the traditional Middle Eastern market, but South Korean refiners highlighted the importance of keeping up their feedstock diversification efforts next year. SK Innovation would continue to seek alternative sources to replace Iranian crude as the recent waivers on Iran sanctions were only temporary and would […]