▲ Gas station
Average weekly prices for gasoline and diesel at gas stations across South Korea have fallen for four consecutive weeks.
According to Opinet, the oil price information system operated by the Korea National Oil Corporation, on June 13, the average retail price of gasoline at gas stations nationwide for the second week of June (June 7–11) was 2,009.9 won per liter, down 0.5 won from the previous week.
By region, Seoul recorded the highest price at 2,051.5 won, up 0.7 won from the previous week, while Daegu recorded the lowest at 1,990.6 won, down 1.4 won.
By brand, SK Energy gas stations had the highest average price at 2,013.8 won, while Alttul (budget) gas stations had the lowest at 1,995.9 won.
The average retail price of diesel fell by 0.3 won from the previous week to 2,004.8 won.
International oil prices this week rose early in the week due to the ongoing conflict between the United States and Iran, but gave back those gains and fell later in the week following U.S. President Trump's remarks regarding the potential for a ceasefire agreement between the two countries.
The price of Dubai crude, the benchmark for imported oil, stood at 89.7 dollars, down 4.5 dollars from the previous week.
International gasoline prices rose by 1.3 dollars to 117.5 dollars, while international automotive diesel prices fell by 7.9 dollars to 140.1 dollars.
Fluctuations in international oil prices typically take about two to three weeks to be reflected in domestic gas station prices.
Meanwhile, the government has again frozen the sixth maximum petroleum price, which has been in effect since May 22.
The prices remain at 1,934 won per liter for gasoline, 1,923 won for diesel, and 1,530 won for kerosene, which are the same as the second through fifth maximum price levels.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.