Monday , August 2 2021

Economy: Economy: News: Hankyoreh



Photo of Hankyoreh (Kim Ji-ya graphics)

Photo of Hankyoreh (Kim Ji-ya graphics)

Domestic gasoline and light oil prices continued to decline for the second week in a row due to the effect of fuel tax cuts.
Oil refineries continue to supply volume reflecting oil tax cuts, and international oil prices are also expected to fall sharply in recent months, and oil prices are expected to decline for now.
The average price of regular gasoline sold at national gas stations for the second week of this month fell by an average of 85.2 won per liter compared to the previous week, to 1,755.2 won, according to the oil information service of the National National Oil Corporation (KNOC).
If you combine the fall of Jeonju (29.7 won), it is 114.9 won in two weeks. Gasoline prices fell to 1,500 won for the first time since the fourth week of May.
Diesel cars also fell to 56.1 won, the lowest level since the third week of August, after selling for 1,149.2 won.
However, domestic freight rates, which do not apply to this tax cut, rose 0.1 won to 1.13.0 won this week, drawing 20 consecutive weeks of rising trends.
By region, gasoline prices in Seoul fell 72.6 won from the previous week to 1,652.6 won, but 77.4 won was higher than the national average. Daegu, the lowest price area, was sold at an average of KRW 1,453.7, down 83.6 won.
With the brand, the price of the famous gasoline station dropped 75.9 won per liter, the lowest at 1,454.5 won, and the most expensive SK energy sold at 1,493.5 won, down 84.1 won.
Refinery supply prices were 105.4 won for gasoline, down from 1,443.2 won for gasoline, and diesel fell 70.1 won to 1331.9 won.
"Oil prices fell due to US crude oil inventories and production growth, but the decline has been limited because of the possibility of major oil-producing countries reducing," he said. "Domestic product prices are expected to continue to fall due to falling oil prices and oil tax cuts." He said.
Dubai oil, which imports mainly Korea, posted $ 67.2, down $ 3.5 from the previous week.
United Nations News


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