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South Korea's industry ministry will allow refiners to ship up to 110% of year-earlier diesel volumes from November, up from 100%. The ministry cited weaker domestic consumption and a persistent global diesel shortfall.
Domestic diesel consumption has fallen 7.2% since the price cap took effect.
Loosened export limits add some diesel supply to global markets, modestly easing the tight diesel balance that elevates freight and processing costs.
newerakorea.comNew Era Daily AIOct 31, 2026After 21 past bearish policy events, ULSD / Diesel moved a median -2.4% over 5 sessions (38% higher; middle half -6.5% to +4.7%), and -1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
