Korea will ease crude oil stockpiling requirements for the private sector as a step to fulfill its oil release pledge under a joint plan adopted by International Energy Agency members, an official said Thursday.

Korea is taking a cautious approach with the timing of its oil stockpile release under the agreement among International Energy Agency (IEA) member...

Korea is taking a cautious approach with the timing of its oil stockpile release under an agreement among International Energy Agency (IEA) members amid concerns there could be a…