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    "headline": "South Korean Refiners Seek Adjustments to Fuel Price Cap Compensation Formula",
    "dek": "South Korean oil refiners urge the government to adjust profit margins for compensation under the fuel price cap, citing potential disadvantages for companies with lower crude costs",
    "prose": "Under the government's formula, refiners receive compensation when production costs plus a reasonable margin exceed the maximum price, with payments limited to the difference between the two figures. [^1]\n\nThe Korea Disabled People's Rehabilitation Association said it extended registration for its 'S-OIL Touching Marathon' until September 9, 2026. [^2]\n\nRefiners are seeking differentiated reasonable margin rates based on cost-cutting performance, requiring objective standards for comparing cost-reduction performance. [^3]\n\nSouth Korean oil refiners are requesting the government to adjust profit margins by company when calculating compensation under the petroleum price cap, arguing that the current formula disadvantages companies with lower crude procurement costs. [^4]\n\nParticipation fees are 50,000 won (5km), 60,000 won (10km), and 70,000 won (half-marathon), with the entire fee donated to the Korea Disabled People's Rehabilitation Association and donation receipts issued. [^5]\n\nThe 'S-OIL Touching Marathon' is scheduled for October 4, 2026, at the Peace Plaza of World Cup Park in Seoul, with 5km, 10km, and half-marathon courses. [^6]",
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      "statement": "Under the government's formula, refiners receive compensation when production costs plus a reasonable margin exceed the maximum price, with payments limited to the difference between the two figures.",
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      "statement": "The Korea Disabled People's Rehabilitation Association said it extended registration for its 'S-OIL Touching Marathon' until September 9, 2026.",
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      "statement": "Refiners are seeking differentiated reasonable margin rates based on cost-cutting performance, requiring objective standards for comparing cost-reduction performance.",
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      "statement": "South Korean oil refiners are requesting the government to adjust profit margins by company when calculating compensation under the petroleum price cap, arguing that the current formula disadvantages companies with lower crude procurement costs.",
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