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![The average gasoline price nationwide was 1,998.83 won per liter ($5.77 per gallon), down 0.17 percent from a day earlier, at 8 a.m. on Thursday, according to Opinet, the Korea National Oil Corporation's official oil price management system website. A display board shows the gasoline price at a gas station in Seoul on the same day. [YONHAP]](https://image.koreajoongangdaily.com/10362043.jpg?imageId=10362043&width=240&height=184&format=webp&format=jpg)
![A gas station in Seoul sells a liter of gasoline for 1,823 won ($1.54) on Sunday. The national average gasoline price in the first week of this month was 25.2 won higher per liter compared to a week ago, due to the continuing rise in crude prices. However, starting Nov. 12, fuel prices are expected to see a slight drop as the government's 20 percent cut on fuel taxes over six months will go into effect. [YONHAP]](https://image.koreajoongangdaily.com/11000457.jpg?imageId=11000457&width=240&height=184&format=webp&format=jpg)
![A sign at a local gas station in Seoul on Sunday shows the price of gasoline at 1,609 won ($1.44) per liter. Average gasoline prices at gas stations nationwide increased to 1,564.5 won per liter in the second week of June, up 0.7 percent from the previous week, according to data from the Korea National Oil Corporation. Gasoline prices have been on the rise for six weeks in a row. [YONHAP]](https://image.koreajoongangdaily.com/11004676.jpg?imageId=11004676&width=240&height=184&format=webp&format=jpg)
![A gas station in Yangcheon District, western Seoul, advertises the price of gasoline at 1,174 won ($0.96) per liter on Tuesday. The weekly price of gasoline in Korea is expected to keep falling. [YONHAP]](https://image.koreajoongangdaily.com/11676447.jpg?imageId=11676447&width=240&height=184&format=webp&format=jpg)