Soaring gas prices

A sign at gas station in Seoul shows gas and diesel prices, Sunday. According to Korea National Oil Corp. (KNOC), the average gasoline price at domestic gas stations rose for the second consecutive week to stand at 1,609.9 won per liter for the second week of July, up 1.7 won from a week earlier. The KNOC said domestic prices will retain an upward tendency as international oil prices were mixed over Libya resumed oil exports and other hike factors. / Yonhap