Gasoline Price at 1,642.6 Won per Liter... Up 0.8 Won from Last Week
Weekly Price Trends of Domestic Petroleum Products
[Asia Economy Reporter Joo Sang-don] Gasoline retail prices have slightly increased for the first time in five weeks.
According to the Korea National Oil Corporation on the 25th, the retail price of gasoline at gas stations in the fourth week of September recorded 1,642.6 KRW/liter, up 0.8 KRW from the previous week.
The average price at budget gas stations was the lowest at 1,617.9 KRW/liter, while GS Caltex gas stations showed the highest price at 1,650.2 KRW/liter.
The highest-priced region, Seoul, saw gasoline prices rise by 0.1 KRW from the previous week to 1,724.0 KRW/liter, which is 81.5 KRW higher than the national average price. The lowest-priced region, Daegu, recorded a gasoline price of 1,617.2 KRW/liter, up 0.3 KRW from the previous week, which is 25.4 KRW lower than the national average price.
Hot Picks Today
While Samsung Falters, China Rises: "Chinese DRAM" Turns a Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- "Striking Will Lead to Regret": Hyundai-Kia Employees Speak Out... Uneasy Stares Toward Samsung Union
- Despite Captivating the Nation for Over a Month... "Timmy" the Whale Ultimately Found Dead
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
This week, international oil prices are on the rise due to the Federal Open Market Committee (FOMC) signaling an imminent tapering, a decrease in U.S. crude oil inventories, expectations of increased demand for heating oil, and ongoing delays in Iran nuclear negotiations. Dubai crude oil rose by 0.6 dollars from the previous week to 73.1 dollars per barrel.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
