Nationwide average gasoline at 2,007.8 won... Fuel prices fall for 6 consecutive weeks

Yonhap News [Financial News] The weekly average prices of gasoline and diesel at domestic gas stations have fallen for six consecutive weeks. Oil prices are expected to continue their downward trend following the government's seventh cut in the maximum oil price.
4 won per liter compared to the previous week. 8 won.
4 won. 8 won from the previous week.
This week, international oil prices fell due to the successful conclusion of high-level talks between the U. S.
and Iran and the easing of U. S.
sanctions on oil exports to Iran, but Hormuz The decline was limited as tensions in the strait escalated. 5 from last week.
8. Fluctuations in international oil prices are typically reflected in domestic gas station prices with a lag of about two to three weeks.
Meanwhile, the government lowered the 7th maximum petroleum prices, effective from midnight today, by 150 won per liter for each fuel type.
Accordingly, the prices were set at 1,784 won for gasoline, 1,773 won for diesel, and 1,380 won for kerosene.
act@fnnews.com Choi A-young Reporter