Track Fuel Oil Prices in South Korea

The chart above displays representative historical data sourced from a previous issue of the Energy Prices & Markets in South Korea Report. It illustrates Fuel Oil prices in South Korea, in KRW/kg, as follows:

• Fuel Oil (heavy), wholesale spot, ddp
• Fuel Oil (light), retail
• Fuel Oil (intermediate), import spot, cif

Fuel Oil Price, South Korea (Feb 25). The price of Fuel Oil (HFO), whl, KR was approximately 1,010 KRW per kg, reflecting a 4% increase compared to the previous month's figure. Year-over-year, Fuel Oil (HFO), whl, KR prices experienced a rise of 3.9%. The price of Fuel Oil (LFO), ret, KR was around 1,660 KRW per kg, indicating a 2% increase from the prior month's rate. Compared to the same period last year, Fuel Oil (LFO), ret, KR prices fell by 2.5%. The price of Fuel Oil (IFO), imp, KR was about 732 KRW per kg, marking a 1.1% increase from the prior month's value. Year-over-year, Fuel Oil (IFO), imp, KR prices surged by 16.3%.

The current Fuel Oil prices in South Korea are detailed in the Energy Prices & Markets in South Korea Report, which provides comprehensive price and market insights for fuel oil along with other key energy commodities in South Korea. Subscribe today to access the complete report with the latest evaluations and receive monthly updates that will keep you updated on the energy markets in South Korea. The information is also available through Excel Add-In, Power BI, and API.