On the 20th, as gasoline prices at gas stations nationwide are falling due to the spread of COVID-19 and the decline in international oil prices, a citizen is refueling at a gas station in Goyang-si, Gyeonggi Province. Photo by Moon Honam munonam@

On the 20th, as gasoline prices at gas stations nationwide are falling due to the spread of COVID-19 and the decline in international oil prices, a citizen is refueling at a gas station in Goyang-si, Gyeonggi Province. Photo by Moon Honam munonam@

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[Asia Economy Reporter Hwang Yoon-joo] The national average gasoline price has declined. This is interpreted as a result of international oil prices and the effect of fuel tax reductions.


According to Opinet, the oil price information service of the Korea National Oil Corporation, on the 2nd, the national average gasoline price was recorded at 1,263.49 KRW per liter, down 0.53 KRW.


By region, the gasoline price in Seoul was the highest at an average of 1,355 KRW per liter, while Daegu was the cheapest at 1,215 KRW.


As of 8:40 AM that day, the cheapest gas station in Seoul was the S-Oil Sky Gas Station located at 457 Gaehwa-dong-ro, Gangseo-gu. In Busan, it was the Hyundai Oilbank Haneul Gas Station (1178 Haeundae-ro, Haeundae-gu), in Sejong, the GS Caltex Sejong Government Complex Gas Station (6 Bodeum 5-ro, Sejong Special Self-Governing City), and in Jeju, the S-Oil Shinsegi Gas Station (976 Iljuseo-ro, Seogwipo-si).



Meanwhile, the national average diesel price recorded 1,074.23 KRW, down 1.05 KRW.


This content was produced with the assistance of AI translation services.

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