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Gasoline Prices Stable at Over 96% of South Korean Gas Stations

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Seoul, May 14 (IANS) More than 96 per cent of gas stations nationwide have kept gasoline prices unchanged under the country’s fuel price cap system, the industry ministry said on Thursday, noting South Korea is managing fuel prices within a relatively stable range compared with other major economies.As of Wednesday, 96.1 percent of the country’s 10,646 gas stations had maintained gasoline prices at the previous day’s level, the Ministry of Trade, Industry and Energy said during a regular briefin…