Moody's: Confirms South Korea's oil "Aa2" issuer rating outlook as "stable"

On May 27th, Moody's confirmed the "Aa2" issuer rating and senior unsecured rating of Korea National Oil Corporation (referred to as "Korea Oil"), as well as the "(P)Aa2" rating of the company's senior unsecured Medium Term Note (MTN) program, and maintained a stable outlook.