Average of 1,568.9 won per liter of gasoline, 1,797.2 won of diesel… “A decline is expected for the next week”
Gasoline and diesel sales prices at domestic gas stations also showed a downward trend this week.
Diesel prices have come down to 1,700 won in about nine months.
According to the Korea National Oil Corporation’s oil price information system Opinet on the 17th, the average selling price of gasoline at gas stations nationwide in the second week of December (11th to 15th) was 1,568.9 won per L (liter), down 42.2 won from the previous week.
Gasoline prices fell weekly for the 14th consecutive week.
The average price of gasoline this week in Seoul, the most expensive region in Korea, was 1,656.1 won, down 43.5 won, and in Daegu, the lowest-priced region, was 1,494.6 won, down 50.2 won.
By brand, GS Caltex gas station was the most expensive at 1,578.8 won per liter, and thrifty gas station was the cheapest at 1,543.4 won.
The average selling price of diesel this week was 1,797.2 won per liter, down 48.6 won from the previous week.
Diesel sales prices fell for the fourth week in a row on a weekly basis.
On a daily basis, it recorded 1,796.67 won on the 13th of this month, falling below 1,800 won.
It is the first time since March 10 (1,781.84 won) that the daily diesel sales price recorded 1,700 won per liter.
However, the ‘price reversal’ phenomenon, where diesel is more expensive than gasoline, continues.
An official from the Korea Petroleum Association said, “Domestic petroleum product prices will continue to fall next week. Explained.
This week, international oil prices are recording a steady trend due to the continued interest rate hike by the US Federal Reserve and the increase in US petroleum product inventories.
This week’s average price of Dubai oil, which is the standard for imported crude oil, recorded $75.4 per barrel, down 0.3 dollars from the previous week.
However, the international gasoline average price increased by 0.8 dollars to 83.2 dollars per barrel, and the international automobile diesel price increased by 4.0 dollars to 112.9 dollars per barrel.
/yunhap news