Gas Prices at South Korean Stations Fall for 5th Consecutive Week; Gasoline Averages Around 2,009 Won

The average weekly prices for gasoline and diesel at gas stations across South Korea have fallen for the fifth consecutive week.

According to Opinet, the oil price information system operated by the Korea National Oil Corporation, the average retail price of gasoline at gas stations nationwide for the third week of June was 2,009.2 won per liter, down 0.7 won from the previous week.

The average retail price of diesel was 2,004.1 won, a decrease of 0.7 won from the previous week.

International oil prices this week declined as the implementation of the memorandum of understanding (MOU) to end the war between the United States and Iran began in earnest, but the ongoing Israeli attacks on Lebanon limited the extent of the drop.
※ Please note: This article was translated by AI and may contain errors.