Gasoline Prices at Gas Stations Rise for 10 Consecutive Weeks... Nationwide Average 1,615 Won
[Asia Economy Reporter Hwang Yoon-joo] Gasoline prices at gas stations nationwide have risen for 10 consecutive weeks. Prices at Seoul gas stations are approaching 1700 won.
According to the Korea National Oil Corporation's oil price information service Opinet on the 10th, the average gasoline selling price at gas stations nationwide in the first week of July (7.5~8) recorded 1,615 won per liter, up 14.1 won from the previous week.
By region, Seoul, the highest-priced area, rose 13.1 won from the previous week to 1,696.6 won per liter. Daegu, the lowest-priced area, was 1,594.2 won per liter, 15.8 won lower than the national average.
By brand, GS Caltex gas stations were the most expensive at 1,622.6 won per liter, while Altteul gas stations were the cheapest at 1,585.7 won per liter.
The nationwide diesel selling price at gas stations also rose 13.7 won from the previous week to 1,411.8 won per liter.
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The Korea National Oil Corporation analyzed, "International oil prices are showing a slight upward trend due to factors such as improved European economic outlook, failure of OPEC+ agreement, decrease in U.S. crude oil inventories, and Iran's movement to produce enriched uranium."
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