Gasoline Price 1,534.3 Won... Stable for 2 Consecutive Weeks

[Asia Economy Reporter Joo Sang-don] Last week, the retail price of gasoline at gas stations remained steady for the second consecutive week.

According to the Korea National Oil Corporation on the 25th, the retail price of gasoline at gas stations in the third week of April recorded 1,534.3 KRW per liter, down 0.6 KRW from the previous week.

The average price at budget gas stations was the lowest at 1,509.1 KRW per liter, while SK Energy gas stations recorded the highest price at 1,541.4 KRW per liter.

The highest-priced region, Jeju, saw gasoline prices drop 12.7 KRW from the previous week to 1,619.9 KRW per liter, which is 85.6 KRW higher than the national average price. The lowest-priced region, Daegu, recorded a gasoline price of 1,510.7 KRW per liter, down 0.4 KRW from the previous week, which is 23.6 KRW lower than the national average price.

Diesel retail prices fell 0.8 KRW from the previous week to 1,332.4 KRW per liter.

An official from the Korea National Oil Corporation stated, "Last week, international oil prices showed an upward trend influenced by the European Central Bank (ECB) maintaining its benchmark interest rate, favorable economic indicators, the spread of COVID-19 vaccinations, and the U.S. considering additional fiscal spending measures."

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