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The gasoline and diesel market is a global industry that produces and distributes fuel for transportation. Gasoline is a petroleum-based fuel that is used in most cars and light-duty trucks. Diesel is a heavier fuel that is used in larger vehicles such as buses, trucks, and some cars. Both fuels are refined from crude oil and are available in different grades. Gasoline and diesel are sold in retail outlets such as gas stations, convenience stores, and supermarkets. Prices for both fuels are determined by the global market and can vary significantly depending on the region.
The gasoline and diesel market is highly competitive, with many companies involved in the production, refining, and distribution of the fuels. Major players in the market include ExxonMobil, BP, Shell, Chevron, Total, and Valero. Other companies involved in the market include Phillips 66, Marathon Petroleum, Sunoco, and CITGO. Show Less Read more