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Gasoline prices rose for 9 consecutive weeks…National average of 1447 won

Input 2021.01.23 09:26 | Revision 2021.01.23 09:27

yunhap news

Gasoline prices at gas stations nationwide have been on the rise for the 9th consecutive week. On the other hand, international oil prices stopped rising this year due to the downward revision of the oil demand forecast.

According to Korea National Oil Corporation’s Oil Price Information Service Opinet on the 23rd, the average price of gasoline at gas stations nationwide in the third week of January (1.18-21) was 1447.2 won per liter, up 7.9 won from last week.

Gasoline prices in Seoul, the nation’s highest priced area, rose 10.4 won to 1525.4 won per liter from last week, 78.2 won higher than the national average. Seoul is the only region in the country that exceeds 1,500 won.

The price of gasoline in Daegu, the lowest priced area, rose 11.6 won from last week to 1430.3 won per liter, which is 16.9 won lower than the national average.

By brand, gasoline at GS Caltex gas stations was the most expensive at 1456.8 won per liter, and gasoline at affordable gas stations was the cheapest at 1408.2 won per liter.

The price of diesel at gas stations nationwide recorded 1247.6 won per liter, up 7.8 won from last week.

International oil prices recently stopped rising and turned downward. The price of Dubai oil, which is the standard of crude oil imported into Korea, fell by 0.4 dollars from the previous week to 55.3 dollars per barrel.

International gasoline prices fell by 0.6 dollars from the previous week to 59.2 dollars per barrel, and international automobile diesel prices fell by 0.2 dollars to 60.8 dollars per barrel.

An official from the Korea National Oil Corporation said, “International oil prices showed a slight decline due to the impact of the International Energy Agency (IEA)’s downward adjustment of the oil demand forecast in 2021 and the temporary decrease in the supply of Corona 19 vaccine to Europe.”

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