Track Fuel Oil Prices in South Korea

The chart above displays historical data taken from a previous edition of the Energy Prices & Markets in South Korea Report. It illustrates Fuel Oil prices in South Korea, in KRW/kg, as detailed below:

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

Fuel Oil Price, South Korea (Apr 23). The price of Fuel Oil (IFO), imp, KR was approximately 648 KRW per kg, reflecting an increase of 8.5% from the prior month's figure. On an annual basis, Fuel Oil (IFO), imp, KR prices declined by 37.3%. The price of Fuel Oil (HFO), whl, KR was around 909 KRW per kg, indicating a decrease of 3.3% compared to the last month's rate. Year-over-year, Fuel Oil (HFO), whl, KR prices fell by 28.7%. The price of Fuel Oil (LFO), ret, KR stood at about 1,760 KRW per kg, marking a reduction of 3% from the previous month's value. Compared to the same period last year, Fuel Oil (LFO), ret, KR prices dropped by 8.2%.

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