Gasoline Prices at Gas Stations Nationwide Rise for 13th Week... Average 1,641 Won per Liter
[Sejong=Asia Economy Reporter Son Seon-hee] The nationwide gasoline prices at gas stations have continued their high-rise trend, rising for 13 consecutive weeks.
According to the Korea National Oil Corporation's oil price information service Opinet on the 31st, the gasoline retail price at gas stations in the fourth week of July recorded 1,641.0 KRW per liter, up 3.9 KRW from the previous week. This is the highest price since the first week of November 2018 (1,660 KRW).
However, the rate of increase has somewhat eased. Recent weekly increases were 14.1 KRW, 13.1 KRW, 9.1 KRW, and this week 3.9 KRW.
By region, Seoul, the highest-priced area, rose 4.8 KRW to 1,724.9 KRW per liter compared to the previous week. The lowest-priced area was Daegu, which increased by 3.8 KRW to 1,619.8 KRW per liter.
By brand, GS Caltex gasoline was the most expensive at 1,582.1 KRW per liter, while Hyundai Oilbank was the cheapest at 1,576.0 KRW per liter.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
The nationwide diesel retail price also rose 3.5 KRW from the previous week to 1,436.8 KRW per liter.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
