Breaking News: Government Freezes Third Oil Price Cap for Gasoline, Diesel, and Kerosene

Third Price Cap Effective for Two Weeks Starting April 10 · Gasoline at 1,934 Won, Diesel at 1,923 Won per Liter

Finance|
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By Cho Yun-jin
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null - Seoul Economic Daily Finance News from South Korea

The government announced it will maintain the third oil price cap at the same level as the second, to be applied to refinery supply prices for two weeks starting April 10. The third price cap is set at 1,934 won per liter for gasoline, 1,923 won for diesel, and 1,530 won for kerosene.

Original reporting by Cho Yun-jin for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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