South Korea keeps fuel ceilings unchanged for third period at up to 1,784 won

  • South Korea kept fuel price ceilings unchanged for the third consecutive period.
  • 1,784 won, 1,773 won and 1,380 won remain the respective per-liter maximums.
  • The unchanged ceilings take effect Saturday and last four weeks, the ministry said.

South Korea will keep price ceilings for regular gasoline, diesel and kerosene unchanged for the third consecutive period. Local refiners’ maximum supply prices to gas stations will remain at 1,784 won ($1.30), 1,773 won and 1,380 won per liter, respectively, for four weeks starting Saturday. The Ministry of Trade, Industry cited elevated oil prices and escalating Middle East tensions.

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