The report covers in detail the market supply demand dynamics, supplier landscape, pricing analysis and procurement best practices across the Global Diesel Market

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Category Alerts


Australia is expected to import record amounts of petrol and diesel in the coming year.

March 30, 2023
alert level: Low

PetroChina anticipates a resurgence in oil demand following record 2022 profits.

March 30, 2023
alert level: Low

India intends to continue its restrictions on fuel exports beyond March.

March 30, 2023
alert level: Low

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Diesel Market Monitoring Dashboard

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Diesel Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Diesel category is 8.10%

Payment Terms

(in days)

The industry average payment terms in Diesel category for the current quarter is 45.0 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length


Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk



Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Diesel Suppliers

    Total Suppliers
    Diverse Suppliers
    Normalized Supplier Rating
    Diesel Supplier

    Find the right-fit diesel supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

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    Sample Supplier
    Air Products and Chemicals Inc.
    Jackson, Mississipi
    Duns number

    D&B SER Rating

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    Up to 3 months

    1 9
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

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    ESG Profile

    Company and Sector Performance

    Robust (1)
    ESG Perfomance (/100)
    6 Domains Performance (/100)
    Business behaviour
    Human rights
    Community Environment
    Corporate governance
    Human resources
    Security Scorecard

    Threat indicators
    Network Security
    Detecting insecure network settings
    Hacker Chatter
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    Application Security
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    Information Leak
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    Industry Comparison
    Industry average
    Adverse Media Appearances
    Environmental Issues
    Workforce Health Safety Issues
    Product Service Issues
    Human Rights Issues
    Production Supply Chain Issues
    Environmental Non Compliance Flags
    Corruption Issues
    Regulatory Non Compliance Flags
    Fraud Issues
    Labor Health Safety Flags
    Regulatory Issues
    Workforce Disputes
    esg energy transition
    Discrimination Workforce Rights Issues
    esg controversies critical severity

    Diesel market frequently asked questions

    As per Beroe's report, the global demand for diesel is expected to reach 27 Mbpd by 2020.

    The key players in the global diesel market are APAC, followed by North America and Europe.

    The latest trends in the diesel market are that the diesel fuel share in the transport sector is expected to increase, developing nations are expected to have a higher demand for power which is indirectly resulting in the growth of diesel generators.

    As per Beroe's diesel fuel price forecast, the industry is expected to grow at a CAGR of 30-32% by 2025.

    The key drivers affecting the diesel price forecast long term are the rise of private suppliers and state-owned diesel market in APAC, Africa, LATAM and the Middle East

    Diesel market report transcript

    Global Diesel Fuel Industry Outlook

    • The global demand for liquid fuel (oil) in 2022 was at 99.6 Mbpd, about 2.7 percent higher than in 2021. It is expected to grow by 2–3 percent in 2022 and reach 101.9 Mbpd. The rise of 2.5 million barrels per day (mb/d) in 2022 is supported by strong economic growth in both OECD and non-OECD countries, except for China, which has seen its annual oil requirements fall

    • The end of China's zero-COVID-19 policy in December 2022, on the other hand, is anticipated to increase the country's oil demand in 2023. Meanwhile, the OECD predicts slightly slower growth in oil demand leading to a 2.3 mb/d increase in global oil demand in 2023

    Diesel Fuel Demand Market Outlook

    • Diesel prices are highly driven by crude oil cost and supply–demand balance in the region. Wholesale and retail prices have been affected by Russia's invasion of Ukraine, although the price of fuel has been growing practically continuously for more than a year. Global demand is expected to slow down, as interest rates have increased globally, and this trend can extend further. Oil prices continue to remain high, and hence, will negatively impact the upcoming demand growth rate

    Drivers and Constraints for Diesel Fuel


    Energy Efficiency

    • Having high energy density per unit volume, diesel is preferred in the markets, such as commercial heavy-duty vehicles, power generation, and in various other industrial applications for its high energy/thermal efficiency

    Heavy Transport Sector

    • Growing demand for heavy transport sector, especially in the emerging economies, like China, India, Brazil, and Indonesia, drives the demand for diesel fuel

    Taxation policies

    • Taxes imposed by most of the nations are less for diesel compared to gasoline. Hence, diesel consumers enjoy a price advantage. However, in the US, federal and local taxes on diesel are slightly higher than gasoline

    diesel market


    Environmental Policies

    • Stringent emission standards on diesel lowering sulfur emissions. By imposing “Clean Air Zones”, the governments around the world have put some restrictions to drive diesel vehicles

    Geopolitical Tensions

    • Geopolitical tensions over the Russia–Ukraine Front and lack of production clarity between US and Russia and OPEC countries impact the oil and underlying refined product market and prices

    Alternative Fuel Vehicles

    • Increasing usage of alternative fuel vehicles, such as Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) vehicles, could hamper the diesel fuel market, though the penetration level is low. Countries, like the US and China, are creating dense network of natural gas refueling stations

    Supply Trends and Insights : Diesel Fuel

    Oil Demand Outlook

    • Oil Demand: Even while the production companies warned that the invasion of Ukraine by Russia and developments related to the COVID pandemic represent a significant risk, OPEC has maintained its prediction that global oil consumption will surpass pre-pandemic levels in 2022

    • Outlook: Diesel and gasoline are anticipated to record the highest gains among petroleum products Y-o-Y, on the back of increasing mobility and healthy industrial activity globally. In Q2 2022, the global oil demand was registered at 98.19 MP and expected to cross 100 MP by Q3 2022 and 102.77 MP by Q4 2022 according to OPEC

    Refinery Impact

    • Capacity Drops and Closures: The refinery sector is likely to witness a significant impact, in terms of capacity closures and idling. About 2.5 mbpd of capacity is expected to go offline by 2025, and by 2045, an additional 6 mbpd would go offline. This trend is expected to bring out a balance between demand and supply, and also to bring back a healthy utilization rate, which is about 80 percent from the current 73 percent

    • Capacity Additions: The capacity additions in the coming 1–4 years are about 3.8 mbpd, although some delay could be expected from COVID impact. However, considering an expectation of oil demand to peak by 2040 and reach 109 mbpd

    Engagement Trends

    • Most Adopted Model Globally: Engage with OMC or dealer

    • Why: Engaging with OMC directly would help in avoiding additional dealer costs and more likely help in stabilizing the prices, as OMCs are usually backward integrated up to refining or even exploration stages

    • Contract Length: 1 year

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