Due to the government's cut in the maximum price of petroleum products, the price of gasoline fell to the 1,900 won per liter range in about two months. As tensions in the Middle East ease and international oil prices stabilize, domestic oil prices are expected to continue to decline for the time being. According to the Korea National Oil Corporation's oil price information system Offinet on the 28th, the average selling price of gasoline at gas stations nationwide as of 12 noon was 1,989.26 won per liter, down 6.84 won from the previous day. The average price of diesel was also 1,980.24 won per liter, down 6.94 won from the previous day. The average price of gasoline fell to 1,996.1 won per liter on the 27th, the first day of the 7th maximum price implementation, and fell further one day later. It has been about two months since April 17 that the national average gasoline price fell to the 1,900 won range. As the government lowered the 7th maximum price by 150 won per liter from the 6th, there is analysis that the effect of the reduction is being reflected in market sales prices. The government set the maximum price for each product at 1,784 won for gasoline, 1,773 won for diesel, and 1,380 won for kerosene. By region, Seoul (201