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The Refined Petroleum Products market is composed of two main products: Gasoline and Diesel. Gasoline is a light distillate fuel used in internal combustion engines, while Diesel is a heavier distillate fuel used in diesel engines. Both are derived from crude oil through a refining process. Gasoline is used in cars, trucks, motorcycles, boats, and other vehicles, while Diesel is used in heavy-duty vehicles such as buses, trucks, and trains.
The Refined Petroleum Products market is highly competitive, with many companies vying for market share. Major players in the market include ExxonMobil, BP, Chevron, Shell, Total, and Valero. Other companies in the market include Phillips 66, Marathon Petroleum, Sunoco, and Andeavor. Show Less Read more