Results for tag: "Motor Fuel"

The Motor Fuel market is composed of two main types of fuel: Gasoline and Diesel. Gasoline is a petroleum-derived fuel used in spark-ignition engines, while Diesel is a petroleum-derived fuel used in compression-ignition engines. Both fuels are widely used in the transportation sector, with Gasoline being the most popular fuel for passenger vehicles and Diesel being the most popular fuel for commercial vehicles. Gasoline and Diesel are both subject to government regulations, such as fuel taxes, emissions standards, and fuel quality standards. In addition, the Motor Fuel market is affected by global economic conditions, such as the price of crude oil, which can affect the cost of production and the price of the fuel. Some of the major companies in the Motor Fuel market include ExxonMobil, BP, Shell, Chevron, Total, and Valero. These companies are involved in the production, refining, and distribution of Motor Fuel. Show Less Read more