Industry sources said while the Indian economy has started to pick up with lockdown restrictions being lifted since June, local lockdowns by states have hampered the demand quickly picking up. Going forward, we expect global middle distillate demand growth to be fairly robust in the next few years. Over 15 million served since 2005.

Growth in economic activity seems to explain most of this increased demand. If petroleum supply declines unexpectedly, as a result of refinery problems or lagging imports, diesel inventories (stocks) may decline rapidly. Worldwide demand and supply determines crude oil prices. International energy information, including overviews, rankings, data, and analyses. Select topics and stay current with our latest insights. Latest score, goal updates and match stream - brace for Bruno Fernandes, Karnataka court extends ED custody of Bineesh Kodiyeri till Nov 11, Motley Fool (476% Avg Return) Unveils 50% Promo, Stubble burning: Cases lodged against 30 farmers in UP's Fatehpur district in past 2 days, Decoding India’s Unhealthy Obsession with Self-Proclaimed Godmen, Look Forward to Rohit Being Fit for Australia Tests, Says Ganguly, 2.2% FIXED Mortgage Refi, No Hidden Fees or Points, Mank review: David Fincher’s sidelong glance at Citizen Kane is a 16 oz steak of a film with pudding after, Amit Shah congratulates ISRO for successful launch of observation satellite, ITBP jawan carried elderly voter in Mujaffarpur to polling booth, Voting for Bihar Election Ends With 55.22% Turnourt in Final Phase, Bihar Exit Polls Say Tight Fight Between Nitish And Tejashwi, LJP May Get 1-3 Seats, England lockdown was needed but graphs were a mess, says statistics guru, Man Who Called '08 Crash Says Buy "WFH" Stocks Now, 8 things our next president needs to do right away, 6-yr-old child found dead in sugarcane field: Police, Gogglebox: Sophie Sandiford reassures viewers after crying over lockdown in latest episode. Related: Rising Costs Weigh On Permian Gas Production. It improves air quality. Maps, tools, and resources related to energy disruptions and infrastructure. We promise to deliver quality journalism that stays away from vested interest and political propaganda. Diesel fuel use for transportation worldwide and distillate use for electricity generation in many countries has increased world distillate demand as economies expand. Italy greenlights €2.9bn aid package amid new lockdown restrictions, Bombay HC reserves order on Arnab Goswami's plea challenging arrest in 2018 suicide case, I have lot of time for KL Rahul in all formats of game: Sourav Ganguly, Bihar Election 2020: 56.59% polling recorded till 6 pm; brother of jailed Bittu Singh killed by assailants in Purnia, SC stays HC order asking SpiceJet to pay around Rs 243 cr to Kalanithi Maran, firm, The Man Who Bought Amazon at $48 Says Buy TaaS Now, Wall Street Quietly Predicts Massive Market Event, Iran temporarily releases jailed rights lawyer Nasrin Sotoudeh, Everton 1-2 Manchester United FC LIVE! 16 Jun, 2020, 10.57 PM IST Even in September, diesel had shown a month-on-month increase. PTI ANZ MR. Areas farthest from the Gulf Coast, the source of about half of U.S. diesel fuel production, tend to have higher diesel fuel prices.

ATF sales halved to 3,28,000 tonnes in October from a year ago, but were 12 per cent higher than 2,90,000 tonnes sold in September.

The article you cite fro your claim that there’s no difference in CO2 emissions does NOT say what you claim it does. Because heating oil and diesel fuel are produced at the same time, seasonal increases in heating oil demand can also put pressure on the diesel fuel market. Subscribe to The Hindu now and get unlimited access.

EIA's free and open data available as API, Excel add-in, bulk files, and widgets. But in the case of diesel, consumption sectors like school buses and public transport were at a very subdued level. Mumbai (Maharashtra) [India], November 7 (ANI): The Bombay High Court on Saturday reserved its order on a plea filed by Republic TV editor-in-chief Arnab Goswami challenging his arrest and seeking relief in connection with the 2018 abetment of suicide case. Europe is a significant contributor to world distillate demand, as it accounts for about one-fourth of world distillate fuel consumption. European refiners have cause to celebrate: diesel demand on the continent has been falling recently as a result of the so-called Dieselgate, the scandal with Volkswagen’s emission-control rigging, and as a result of EU policies driving a shift from diesel to gasoline and electric cars. I’m going to go out on a bit of a limb and say Joe Biden will be our next president. We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. Refiners own and operate some retail outlets, while other retail outlets are independent businesses that purchase diesel fuel on the wholesale market. U.S. Energy Information Administration, 1000 Independence Ave., SW, Washington, DC 20585, Biofuels: Ethanol and Biomass-based diesel, Residential Energy Consumption Survey (RECS), Commercial Buildings Energy Consumption Survey (CBECS). The polling for the third phase was concentrated in north Bihar and the Seemanchal region. As a subscriber, you will have full access to all of our Newsletters and News Bulletins. NEW DELHI, Oct 16: After petrol, diesel demand has returned to pre-COVID-19 levels as sales rose 8.8 per cent in the first half of October from a year ago, preliminary industry data showed. [Limited Time] Claim Your 50% Discount From this Market 3X'ing Stock Picking Service. Gasoline will suffer from being most exposed to changes in light-duty vehicle technology and shifting consumer preferences for transportation. The new emission rules stipulate that only vessels using fuels with a sulfur content of 0.5 percent or less will be allowed to roam the oceans, as per the IMO’s strategy aimed at cutting total carbon emissions from maritime transport in half by 2050. Learn about India witnessed unprecedented demand destruction after a nationwide lockdown was imposed on March 25.

OECD Europe demand for gasoline grew by an average 13 Kb/d per year since 2016 whereas it was in decline up until 2015. The retail price of a gallon of diesel fuel reflects the costs and profits (or losses) of producing and delivering the product to customers. UK Warning Highlights Energy Storage Importance To Renewables. And the positive impact of economic recovery on demand was not limited to Europe. First, although the decline in share of new vehicle sales is significant, its overall impact on the total fleet is quite small. Even in September, diesel sales had shown a month-on-month increase. Learn how to navigate energy markets.

Overall growth in European diesel demand has continued despite clear anti-diesel sentiment fueled by Dieselgate. Pressure is building on Ole Gunnar Solskjaer ahead of today’s visit to Goodison Park.

Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. In some regions, seasonal swings in farmers' demand for diesel fuel can influence diesel fuel prices. Unexpectedly, Europe was one of the strongest sources of demand growth. Those that use fuel with a higher sulfur content—the current limit is 3.5 percent—will only be allowed to remain in operation if they are equipped with emission-clearing equipment, which comes at no small cost.

These fluctuations are normal price fluctuations experienced in all commodity markets. On top of that, under the BS-VI emission rules, the particulate matter emissions of diesel vehicles are substantially lower than before. In 2016, new diesel passenger car registrations in EU-15 fell by 2% over 2015, the biggest drop seen in the last decade except for in 2009. With these projections of higher diesel demand, refiners join LNG producers in the celebration of the new maritime transport emission rules: LNG is another alternative to high-sulfur fuels that will enjoy a pick-up in demand after 2020. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more, Learn what it means for you, and meet the people who create it, Serves petroleum clients around the world, drawing on deep specialist expertise on topics related to refining strategy and petroleum market economics; leads research on petroleum market outlooks. Reports requested by congress or otherwise deemed important. McKinsey_Website_Accessibility@mckinsey.com.

U.S. Not more than 15% of the polluting particulate matter in urban air is due to vehicles, he said, citing studies. Many countries rely more heavily on distillate fuels, especially diesel fuel, than the United States does.

The total global fleet is some 90,000 vessels. Subscribed to {PRACTICE_NAME} email alerts. As a result, expectations are, naturally, that high-sulfur fuels demand will take a hit while low-sulfur fuels enjoy higher demand. Last October, Paris announced plans to ban diesel engine cars from the city streets by 2025 in a bid to tackle air pollution.

Digital upends old models. Two years after Dieselgate, the impact of the diesel emissions scandal on final demand appears to be smaller than many expected, and has largely been offset by other demand drivers. This will significantly reduce bunker demand for high sulfur fuel and raise demand for low sulfur marine gasoil either as a direct product or blended into 0.5% sulfur fuel oil. Multiple cities have announced intentions to ban diesel use altogether, both in response to Dieselgate and out of a more general desire to follow a less energy-intensive path. With these projections of higher diesel demand, refiners join LNG producers in the celebration of the new maritime transport emission rules: LNG is …

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