On the 27th, one month after the government capped refiners' fuel supply prices at the same price, the national average gasoline and diesel prices per liter (L) inched up.
According to Opinet, the oil price information system of the Korea National Oil Corporation (KNOC), as of 9 a.m., the national average gasoline price was 2,007.99 won per liter, up 0.34 won from 2 a.m. The national average diesel price was 2,002.09 won per liter, up 0.39 won from 2 a.m.
Meanwhile, fuel prices in Seoul fell compared with 2 a.m. As of 9 a.m., the average gasoline price in Seoul was 2,046.17 won per liter, down 0.47 won from 2 a.m. The average diesel price in Seoul was also tallied at 2,032.68 won, down 0.63 won from 2 a.m.
Meanwhile, the Ministry of Trade, Industry and Energy set the fourth oil price cap, which began on the 24th, at 1,934 won per liter for gasoline, 1,923 won for diesel, and 1,530 won for kerosene. This is the same as the second oil price cap that began on Mar. 27. The government also set the third cap (applied from the 10th to the 26th) the same as the second.