[Photo] Diesel Surpasses Gasoline... Price Reversal After 14 Years

On the 11th, when the nationwide average diesel price surpassed the gasoline price, fuel price information was displayed at a gas station in Seoul. According to the Korea National Oil Corporation's oil price information service Opinet, as of 12 PM that day, the average diesel price at gas stations nationwide was 1,946.65 KRW per liter, which was 0.77 KRW higher than the average gasoline price of 1,945.88 KRW per liter. This is the first time in about 14 years since June 2008 that domestic diesel prices have exceeded gasoline prices. Diesel prices are soaring due to a global diesel shortage centered in Europe and supply difficulties of petroleum products triggered by the Ukraine-Russia conflict.

On the 11th, when the national average diesel price surpassed the gasoline price, fuel price information was displayed at a gas station in Seoul. According to the Korea National Oil Corporation's oil price information service Opinet, as of 12 PM that day, the average diesel price at gas stations nationwide was 1,946.65 KRW per liter, which was 0.77 KRW higher than the average gasoline price of 1,945.88 KRW per liter. This is the first time in about 14 years since June 2008 that domestic diesel prices have exceeded gasoline prices. Diesel prices are soaring due to a global shortage of diesel inventory centered in Europe and supply-demand difficulties of petroleum products triggered by the Ukraine-Russia conflict. Photo by Moon Honam munonam@

On the 11th, when the national average diesel price surpassed the gasoline price, fuel price information was displayed at a gas station in Seoul. According to the Korea National Oil Corporation's oil price information service Opinet, as of 12 PM that day, the average diesel price at gas stations nationwide was 1,946.65 KRW per liter, which was 0.77 KRW higher than the average gasoline price of 1,945.88 KRW per liter. This is the first time in about 14 years since June 2008 that domestic diesel prices have exceeded gasoline prices. Diesel prices are soaring due to a global shortage of diesel inventory centered in Europe and supply-demand difficulties of petroleum products triggered by the Ukraine-Russia conflict. Photo by Moon Honam munonam@

On the 11th, when the nationwide average diesel price surpassed the gasoline price, fuel price information was displayed at a gas station in Seoul. According to Opinet, the fuel price information service of Korea National Oil Corporation, as of 12 PM that day, the average diesel price at gas stations nationwide was 1,946.65 KRW per liter, which was 0.77 KRW higher than the average gasoline price of 1,945.88 KRW per liter. This is the first time in about 14 years since June 2008 that domestic diesel prices have exceeded gasoline prices. Diesel prices are soaring due to a global shortage of diesel inventory centered in Europe and supply-demand difficulties of petroleum products triggered by the Ukraine-Russia conflict. Photo by Moon Honam munonam@

On the 11th, when the national average diesel price surpassed the gasoline price, fuel price information was displayed at a gas station in Seoul. According to Opinet, the fuel price information service of Korea National Oil Corporation, as of 12 PM that day, the average diesel price at gas stations nationwide was 1,946.65 KRW per liter, which was 0.77 KRW higher than the average gasoline price of 1,945.88 KRW per liter. This is the first time in about 14 years since June 2008 that domestic diesel prices have exceeded gasoline prices. Diesel prices are soaring due to a global shortage of diesel inventory centered in Europe and supply-demand difficulties of petroleum products triggered by the Ukraine-Russia conflict. Photo by Moon Honam munonam@

On the 11th, when the nationwide average diesel price surpassed the gasoline price, fuel price information was displayed at a gas station in Seoul. According to the Korea National Oil Corporation's oil price information service Opinet, as of 12 PM that day, the average diesel price at gas stations nationwide was 1,946.65 KRW per liter, which was 0.77 KRW higher than the average gasoline price of 1,945.88 KRW per liter. This is the first time in about 14 years since June 2008 that domestic diesel prices have exceeded gasoline prices. Diesel prices are soaring due to a global shortage of diesel inventory centered in Europe and supply difficulties of petroleum products triggered by the Ukraine-Russia conflict. Photo by Moon Honam munonam@

On the 11th, when the national average diesel price surpassed the gasoline price, fuel price information was displayed at a gas station in Seoul. According to the Korea National Oil Corporation's oil price information service Opinet, as of 12 PM that day, the average diesel price at gas stations nationwide was 1,946.65 KRW per liter, which was 0.77 KRW higher than the average gasoline price of 1,945.88 KRW per liter. This is the first time in about 14 years since June 2008 that domestic diesel prices have exceeded gasoline prices. Diesel prices have surged due to a global shortage of diesel inventory centered in Europe and supply-demand difficulties of petroleum products triggered by the Ukraine-Russia conflict. Photo by Moon Honam munonam@

On the 11th, when the nationwide average diesel price surpassed the gasoline price, fuel price information was displayed at a gas station in Seoul. According to the Korea National Oil Corporation's oil price information service Opinet, as of 12 PM that day, the average diesel price at gas stations nationwide was 1,946.65 KRW per liter, which was 0.77 KRW higher than the average gasoline price of 1,945.88 KRW per liter. This is the first time in about 14 years since June 2008 that domestic diesel prices have exceeded gasoline prices. Diesel prices are soaring due to a global diesel shortage centered in Europe and supply difficulties of petroleum products triggered by the Ukraine-Russia conflict. Photo by Moon Honam munonam@

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