Diesel Prices and Forecasts | Provided by Procurement Resource

Report FeaturesDetails
Product NameDiesel
Region/Countries CoveredAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Customization ScopeThe report can be customized as per the requirements of  the customer
Post-Sale Analyst Support360-degree analyst support after report delivery

Request for Real Time Diesel Prices: https://www.procurementresource.com/resource-center/diesel-price-trends/pricerequest

Diesel is a liquid fuel mostly used in diesel engines. It is one of the most widely used fuels for automobiles and provides power for a variety of diesel-powered vehicles. It is produced not just from petroleum but also from biomass, natural gas, animal fat, biogas, and other elements.

Crude oil is used to generate diesel fuel. During the process of refining crude oil, the viscous liquid is heated to high temperatures and turned into a vapour, turning it from viscous, black, thick oil into significantly lighter diesel fuel. The obtained vapour is then brought to a fractional distillation tower, where it rises, begins to cool, and the hydrocarbon chain is converted into a liquid. Hence, diesel is formed.

The United States, Canada, Iran, Russia, and Saudi Arabia are the top diesel-producing countries.

Key Details About the Diesel Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diesel price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Diesel Price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Diesel Price Trend:

Price Trend Image

In buses, trains, ships, and boats as well as on barges, diesel fuel is widely used. The U.S. military uses diesel in its tanks and trucks because it is less explosive and combustible than other fuels.

Most farming and construction equipment also uses it. In addition, it is used in the mining and marine industries. Diesel fuel is used by many industries for emergency power supplies, including those for major structures, institutions, hospitals, and electric utilities.

In addition to that, it is used to run power plants and communications towers.

Key Market Players:

  • Chevron Corporation,
  • Robert Bosch GmbH,
  • Ishtar Company LLC,
  • PJSC Gazprom,
  • Royal Dutch Shell Plc,
  • Exxon Mobil Corporation,
  • PetroChina Company Limited

News and Events:

  • November 26, 2022: As Europe seeks to lessen its reliance on Russian imports, diesel supplies will remain scarce, according to Rystad Energy’s research. Before the EU bans the import of oil products from Russia, Europe is rushing to acquire larger shipments of diesel.

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