Market Trend Trade US & LATAM

US Fuels & Oils Exports Surge 75% YoY, Refine Petrol Demand Is Highest

The US fuels and oils market is one of the fastest growing sectors with its counterparts such as China and Russia. The US fuels and oils exports increased in 2021 and 2022 both showing positive growth for US fuels & oils exports. The share of ‘Refined Petroleum Oil’ (Heading 2710) is the highest among all […]

Market Trend Trade

CNG & LPG Global Market Exhibit Promising Future Growth

CNG & LPG are the alternative fuels while petrol and diesel are still used as primary energy sources, but there have been major shifts after the last year’s pandemic. Conventional fuels – petrol and diesel, accounted for the EU’s market share of 75.5% in 2020, as per European Automobile Manufacturers Association (ACEA). According to the […]

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