Average Gasoline Price at Gas Stations Nationwide 1450.5 Won... 10 Consecutive Weeks of Increase

[Image source=Yonhap News]

[Asia Economy Reporter Hwang Yoon-joo] Gasoline prices at gas stations nationwide have risen for 10 consecutive weeks.

According to the Korea National Oil Corporation's oil price information service Opinet on the 30th, the average gasoline price at gas stations nationwide in the fourth week of January (1.25?28) was 1,450.5 KRW per liter, up 3.3 KRW from the previous week.

Gasoline prices, which have been rising for 10 weeks since the end of November last year, saw weekly increases peak at 31.7 KRW, then gradually decrease to 24 KRW, 16.7 KRW, 9.1 KRW, 7.9 KRW, and 3.3 KRW recently.

Seoul, the region with the highest prices nationwide, recorded 1,529.1 KRW per liter, up 3.7 KRW from the previous week, which is 78.6 KRW more expensive than the national average. Seoul is the only region where prices exceeded 1,500 KRW per liter.

Daegu, the region with the lowest prices, recorded 1,431.7 KRW per liter, up 1.5 KRW from the previous week, which is 18.8 KRW cheaper than the national average.

By brand, GS Caltex gas stations were the most expensive at 1,459.8 KRW per liter, while budget gas stations were the cheapest at 1,413.4 KRW per liter.

Diesel prices at gas stations nationwide also rose by 3.2 KRW from the previous week to 1,250.8 KRW per liter.

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