According to Yonhap News and the Korea National Oil Corporation's oil price information system, Opinet, the average selling price of gasoline at nationwide gas stations for the fourth week of May (May 24-28) fell by 0.2 won from the previous week to 2011.1 won per liter.
In terms of regional prices, Seoul, which has the highest prices, saw a decrease of 0.6 won to 2050.8 won, while Daegu, with the lowest prices, recorded a drop of 0.8 won to 1993.6 won.
By brand, SK Energy stations had the highest average price at 2015.4 won, while discount gas stations reported the lowest average price at 1996.6 won.
The average selling price of diesel also fell by 0.2 won to 205.7 won.
The price of Dubai crude oil, a benchmark for imported crude, decreased by $7.4 to $98.4.
International gasoline prices dropped by $11.8 to $121.9, while international diesel prices fell by $18.4 to $142.8.
Changes in international oil prices typically reflect in domestic gas station prices with a delay of about two to three weeks.
The government has frozen the sixth round of maximum oil prices, which took effect on May 22. As a result, gasoline prices will remain at 1934 won per liter, diesel at 1923 won, and kerosene at 1530 won, consistent with the fifth round of maximum prices.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.