[Photo] Gas Prices Fall for 5 Consecutive Weeks... Will They Drop to the 1700 Won Range?
Domestic gasoline prices at gas stations have fallen for five consecutive weeks due to the expanded reduction rate of the fuel tax and the decline in international oil prices. According to the Korea National Oil Corporation's oil price information service, Opinet, the average retail price of gasoline nationwide in the first week of August was 1,881.9 KRW per liter, down 55.8 KRW from the previous week. This is the first time in five months since the second week of March that the average gasoline price has dropped to the 1,800 KRW per liter range. A gas station in downtown Seoul on that day.
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Domestic gasoline prices at gas stations have fallen for five consecutive weeks due to the expanded reduction rate of the fuel tax and the decline in international oil prices. According to Opinet, the oil price information service of the Korea National Oil Corporation, the average retail price of gasoline nationwide in the first week of August was 1,881.9 KRW per liter, down 55.8 KRW from the previous week. This is the first time in five months since the second week of March that the average gasoline price has dropped to the 1,800 KRW per liter range. Photo by Moon Honam munonam@
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