Reuters reported earlier this month that South Korea has been testing WTL, a super-light oil, as a possible substitute for Iranian condensate as it seeks alternatives for those shipments after Washington reimposed sanctions on the Middle Eastern nation. Trafigura, one of the largest exporters of U.S. crude, sold the cargo in March, the source said last week, asking not to be named. The company declined to comment. South Korean refiners SK Energy and Hyundai Oilbank earlier this year turned away two cargoes of condensate produced in the […]