Yonhap Infomax NewsSouth Korean refiners' CFOs grapple with massive derivative losses despite record operating profits, while facing critical tests in calculating government compensation for petroleum price cap losses amid volatile oil markets and refining margins.
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'We Made Money But Lost It, Lost Money But Should Receive It'—Refiners' CFOs Face Deepening Dilemma
South Korean refiners' CFOs grapple with massive derivative losses despite record operating profits, while facing critical tests in calculating government compensation for petroleum price cap losses amid volatile oil markets and refining margins.