Korean oil imports rose from Canada and Malaysia, Robin Brooks notes

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26.05.2026

Korean oil imports rose from Canada and Malaysia, Robin Brooks notes — Korea offsets Saudi oil drop

Robin Brooks questions forecasts that Brent oil prices would rise to $200 due to supply shortfalls. He points to data showing that while Korea reduced its imports from Saudi Arabia, the country increased oil imports from Canada and Malaysia, resulting in no significant supply shortfall.

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Brooks previously analyzed the prospects for a gold debasement trade and recent sharp moves in long-term yields, also discussing China's response on the RMB in a recent piece on gold and currency policy. In a separate article, he highlighted increased blow-ups in G10 bond markets, pointing to sharp currency drops in the U.S. and Japan as recent examples on G10 bond market instability. These commentaries provide further context for Brooks’s views on global markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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