Oil containers are lined up on a fisher’s truck at Daebyeon Port in Gijang County, Busan, a major source of anchovies and seaweed, on April 1, the first day higher tax-free fuel prices took effect.
Fuel price information is displayed at a gas station in Seoul on Nov. 2. According to Korea National Oil Corporation's Opinet system, the average weekly gasoline price nationwide rose for the first time in three weeks to 1,666.5 won per liter.
Korean Air Lines is set to impose record fuel surcharges on international routes in July amid soaring jet fuel prices, industry sources said Thursday.
A new electricity billing system that adjusts to changing international fuel prices will go into effect on New Year's Day. That will give consumers break if they go down, but will cost them if they go up.
Korea JoongAng Daily Sitemap
