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Global diesel demand crumbling, warns IEA

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.

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. 

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.