Latest oil refining industry News & Updates

Seoul, May 29 (IANS) South Korea’s industrial output lost ground in April from a month earlier, data showed on Friday, with retail sales and facility investment sliding amid economic uncertainties stemming from tensions in the Middle East.Industrial production fell 0.6 percent last month from March, according to data from the Ministry of Data and Statistics, reports Yonhap news agency.Output in the mining and manufacturing sector, a key pillar of the economy, shed 0.7 percent from the previous m…