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Korea National Oil Corporation

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Situations

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South Korean domestic fuel price trends and price caps

6 clusters · 12 sources · last updated

Latest: Fuel prices in South Korea and the US face pressure from rising crude oil costs

South Korean domestic fuel prices maintained a consistent downward trend through late October 2026. By the fourth week of October, gasoline prices had declined for 23 consecutive weeks, with the national average reaching

[QUIET] [BUSINESS] [KR]

South Korean state energy sector consolidation

2 clusters · 5 sources · last updated

Latest: South Korean energy merger faces scrutiny over 65 trillion won debt

South Korea is pursuing the consolidation of several state-run energy entities to enhance national energy security and facilitate the transition toward renewable energy and carbon neutrality. In late September 2026, the

[QUIET] [BUSINESS] [KR] [CA] [SA]

South Korea energy and resource diversification

2 clusters · 8 sources · last updated

Latest: South Korea increases Canadian oil imports to diversify energy sources

South Korea has initiated a strategic shift in its resource security policy, moving from a ‘Just-in-Time’ supply model to a ‘Just-in-Case’ system to mitigate geopolitical risks. The government’s long-term objective is to

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