Gasoline Price in South Korea
The chart above illustrates Gasoline prices in South Korea, in KRW/Bbl, from May 2024 to May 2025, as follows:
- Gasoline (Regular), ret, KR: Gasoline (regular), retail, South Korea
- Gasoline, exp, KR: Gasoline, export transaction, fob, South Korea
- Gasoline (Premium), ret, KR: Gasoline (premium), retail, South Korea
Further information about price assessments covered can be found in the assessments guide.
In May 2025, the price of Gasoline (Regular), ret, KR was around 261,000 KRW per Bbl. This reflects a 0.7% fall from the previous month's value, and a 3.5% decrease on a year-over-year basis.
The Gasoline, exp, KR price in May 2025 stood at approximately 108,000 KRW per Bbl. This indicates an 8% fall compared to the prior month's value, with a year-over-year decrease of 20%.
The price for Gasoline (Premium), ret, KR in May 2025 was around 303,000 KRW per Bbl. This represents a 0.3% fall from the previous month and a 2.1% year-over-year decline.
Recent data, updated on December 4th, 2025, can be found in the South Korea Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Gasoline and other oil products, encompassing domestic supply and trade dynamics. It also covers other energy commodities in South Korea, presenting price assessments and market analyses of production, demand, trade, and South Korea's energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Gasoline price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Gasoline price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Gasoline price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Gasoline price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping South Korea's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess South Korea's energy balance and self-reliance, identifying exposure to external supply sources.
South Korea Energy Price & Market Subscription Features
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Comprehensive Coverage
Includes Gasoline and other eleven key energy commodities analyzed in each edition.
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