The nationwide average diesel price has topped 2,000 won per liter (ℓ).
According to the Opinet oil price information system on the 24th, as of 9 a.m., the nationwide average diesel price was 2,000.06 won, up 0.22 won from the previous day. The average diesel price in Seoul was 2,030.57 won, up 0.78 won.
Regions where the average diesel price has surpassed 2,000 won include, after Seoul, Jeju (2,020 won), North Chungcheong (2,005 won), Gangwon (2,005 won), Gyeonggi (2,003 won) and South Chungcheong (2,003 won).
At the same time, the nationwide average gasoline price was 2,006.17 won, up 0.41 won from the previous day. The average gasoline price in Seoul was tallied at 2,043.58 won.
Regions where the average gasoline price is 2,000 won or higher include, after Seoul, Jeju (2,031 won), Gangwon (2,012 won), North Chungcheong (2,011 won), Gyeonggi (2,010 won) and South Chungcheong (2,011 won).
Starting this day, the government froze the fourth oil price cap, implemented for two weeks, at the same level as the second and third caps. Through Jul. 6, the upper limit on prices refiners can charge gas stations will remain at 1,934 won per liter for gasoline, 1,923 won for diesel and 1,530 won for kerosene.
International oil prices rose overnight. On the 23rd (local time) at the ICE Futures Exchange, June delivery Brent crude futures settled at $105.07 per barrel, up 3.1% from the previous session. On the New York Mercantile Exchange, June delivery West Texas Intermediate (WTI) settled at $95.85 per barrel, up 3.11%.