Diesel fuel is known as diesel oil and is a combination of hydrocarbons derived by distillation of crude oil. It is specially designed for using in diesel engine, a kind of internal igniting engine in which the fuel combustion originates without a spark due to the density of the inlet air and then insertion of fuel. Hence, diesel fuels require appropriate compression ignition properties. The most generic kind of diesel fuel is a definite fractional distillate of petroleum fuel oil. Main properties that describes diesel fuel are its cetane number or index, fuel explosiveness, intensity, thickness, low temperature operability properties, and content of sulfur. There is different specifications of diesel fuel for several fuel grades in different countries.
The United States, China, India, Russia, Canada, Iraq and United Arab Emirates are some of the leading producers of diesel in the world.
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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 trends, including India Diesel price, USA Diesel price, 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:
Diesel fuel is generally employed in public transportation and school buses and is also used in large trucks, trains, marine engines, and so on, that support in transporting almost all commodities consumed by the people around the world. In addition, diesel fuel is used to power nearly all farm and construction equipment. There is a high-level of dependence of the construction sector on diesel fuel power since heavy and demanding construction work is carried out by diesel engines. Furthermore, tanks and trucks in the military use diesel fuel in large volumes since it is less combustible and less volatile as compared to other fuels. Moreover, diesel fuel is utilised in generators run by diesel engines to produce electricity that is used during emergency and as a backup power supply.
Key Players:
- Chevron Corporation
- Robert Bosch GmbH
- Ishtar Company LLC
- PJSC Gazprom
- Royal Dutch Shell Plc
- Exxon Mobil Corporation
- PetroChina Company Limited
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
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