Global diesel demand crumbling, warns IEA
European demand for diesel is expected to have fallen in the first three months of 2016 for the first quarterly decline in nearly two years, the International Energy Agency reported on Thursday, the latest sign of distress in the fuel market.
Apr 14, 2016, 15:56 PM IST
IOC cuts refinery output as rains hit fuel demand
Diesel accounts for over 40 percent of refined fuels consumed in India, but demand growth has weakened, in part due to sustained price rises.
Sep 16, 2014, 18:27 PM IST
Asia's diesel demand growth seen at 2nd lowest since 1998 crisis
Asia`s diesel demand is expected to grow this year at the second lowest rate since the 1998 financial crisis as slowing economies and subsidy cuts squeeze consumption and help build a surplus for which there are few markets.
Jun 13, 2014, 10:18 AM IST
