Despite impending surcharges on diesel cars expected to be announced in the near future, diesel was still in greater demand than petrol.…
February 07, 2017 | Press Release
The global diesel fuel market is expected to grow in volume and revenue in tandem with the automobile industry, owing to the dependence of automobiles on diesel and the increasing reliance on newly proven technologies aimed at improving vehicle fuel efficiency. Vehicles running on diesel fuel are expected to deliver at least 20% to 40% more mileage per gallon then petrol or gasoline vehicles. Heavy-duty vehicles form the bulk of the demand volume in the global diesel fuel market. The commercial transportation sector is also improving swiftly around the world, especially in the developing economies of Asia Pacific and Latin America.