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Gasoline and Diesel Prices on the Rise: How Long Will It Last?

[앵커]

The prices of gasoline and diesel sold at domestic gas stations were also found to have risen this week.

The weak upward trend is expected to continue next week.

Let’s connect with an investigative reporter to learn more about the oil price situation. Reporter Choi A-young!

There are a lot of people who are afraid to put gas in their cars these days How much did it go up again this week?

[기자]

yes Gasoline and diesel prices rose this week.

If you look at Korea National Oil Corporation’s oil price information system.

From the 21st to the 25th, the average price of gasoline sold in large stores nationwide was 1,708.4 won per liter, an increase of 13.3 won from the previous week.

It has been on the rise for 5 consecutive weeks.

By region, Seoul, where the price of gasoline was the most expensive, rose 10.2 to gain 1,779.6.

Daegu, the cheapest place, rose 14.5 won to 1,679.8 won.

The lowest priced brand was Thrifty Gas Station, with an average price of 1,682.5 won per litre.

At the same time, diesel fuel also continued to rise.

The average selling price of diesel rose 4.4 to 1,566.7 won per litre.

This is also the price that has risen for four consecutive weeks.

[앵커]

Since it’s spring outing season, you’ll be using your car a lot How long will gas prices continue to rise?

[기자]

Looking at international oil price trends, we can also predict domestic oil prices.

International oil prices fell this week as concerns about an escalating war in the Middle East eased and expectations were raised that the US Federal Reserve’s interest rate cut would be delayed.

Dubai Oil, the benchmark for the price of imported crude oil, was $88.1 a barrel, down $0.9 from the previous week.

The international gasoline price fell $2.1 to $100.6, and the international auto diesel price fell $2.3 to $101.9.

These changes in international oil prices are usually reflected in domestic gas station prices after about two weeks.

The Korea Petroleum Association predicted that domestic price increases will remain weak until next week as international gasoline and diesel prices fell this week along with the exchange rate.

It is expected that it will turn to a downward trend in the second week of next month.

The Ministry of Economy has provided this information so far.

YTN Choi Ayoung (cay24@ytn.co.kr)

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