Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in June. This dataset provides the latest reported value for - United States Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Hong Kong had the highest prices for premium gasoline (95-RON) on May 12, 2025. That day, prices averaged 3.44 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around 2 U.S. dollars per liter.

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average price of Indian basket crude oil was estimated to reach ***** U.S. dollars per barrel in the financial year 2024. While Indian basket crude oil prices have fluctuated during the reported period, this figure significantly decreased from the previous year’s average of ***** U.S. dollars. The average price of crude oil went up marginally around the financial year 2012, touching almost *** U.S. dollars per barrel. Recent trends in the Indian oil industry The last several years have seen a slight but steady increase in Indian crude oil refinery capacity. However, the annual domestic crude oil production volume has consistently decreased. Not surprisingly, the volume of crude oil imports had recently been on the rise for several years. The future of the Indian energy sector As the third-largest primary energy consumer globally, India relies on various sources to meet its energy demands. At the same time, a significant increase in primary energy consumption across various sources is projected for the coming decades, with renewables playing a vital role in the Indian energy transition.

As of May 2025, the average annual price of Brent crude oil stood at 72 U.S. dollars per barrel. This is some eight U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility; such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and a low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

📈 Daily Historical Stock Price Data for Confidence Petroleum India Limited (2020–2025)

A clean, ready-to-use dataset containing daily stock prices for Confidence Petroleum India Limited from 2020-10-23 to 2025-05-28. This dataset is ideal for use in financial analysis, algorithmic trading, machine learning, and academic research.

  🗂️ Dataset Overview

Company: Confidence Petroleum India Limited Ticker Symbol: CONFIPET.NS Date Range: 2020-10-23 to 2025-05-28 Frequency:… See the full description on the dataset page: https://huggingface.co/datasets/khaledxbenali/daily-historical-stock-price-data-for-confidence-petroleum-india-limited-20202025.

Crude Oil rose to 68.75 USD/Bbl on July 11, 2025, up 3.27% from the previous day. Over the past month, Crude Oil's price has risen 1.04%, but it is still 16.37% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on July of 2025.

Gasoline Prices in Russia increased to 0.79 USD/Liter in June from 0.76 USD/Liter in May of 2025. This dataset provides the latest reported value for - Russia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of June. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

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Petroleum Liquid Feedstock Market Size 2024-2028

The petroleum liquid feedstock market size is forecast to increase by USD 77.22 billion at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth, driven by the rapid expansion of the transportation sector. This sector's increasing demand for fuel is leading to a wave in the consumption of petroleum liquid feedstocks. Another trend influencing the market is the adoption of blockchain technology in the oil and gas refining industry. Blockchain's transparency and security features are expected to streamline operations, reduce costs, and enhance efficiency in the refining process. Hydrocarbons, such as naphthalene, xylene, benzene, toluene, and heavy naphtha, are essential hydrocarbon feedstocks used in the production of industrial solvents, fuels, and other oil-based commodities. However, the market's growth is not without challenges. The volatility in global crude oil prices continues to pose a significant threat to market stability, making it essential for market players to adopt strategies that mitigate price risks and ensure long-term profitability.

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The petrochemical industry relies heavily on petroleum liquid feedstocks as the primary raw material for producing a wide range of chemicals, polymers, and other petrochemical products. The automotive fleet and the energy sector are significant consumers of these products, with motor vehicles utilizing petrochemicals for fuel and in the production of plastics and textiles. Petrochemical plants and refineries are the primary sources of these feedstocks, which include oil naphtha, coal naphtha, and wood naphtha.

The petrochemical industry's demand for these feedstocks is expected to grow due to increasing demand from the automotive and energy sectors. Crude material, such as unrefined petroleum, is the primary source of these feedstocks. Oil organizations play a crucial role in the production and distribution of these feedstocks to meet the growing demand from various industries. With the rise of electric vehicles, the demand for traditional fuels may decrease, but the demand for petrochemical products derived from these feedstocks is expected to remain strong due to their wide range of applications.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD Billion' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

Type

  Naphtha
  Gasoil


Application

  Industrial solvents
  Cleaning fluids
  Adulterant to petrol
  Gasoline
  Others


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    India


  South America



  Middle East and Africa

By Type Insights

The naphtha segment is estimated to witness significant growth during the forecast period. The petrochemical industry relies heavily on petroleum liquid feedstock derived from crude oil for the production of various chemicals, polymers, and petrochemical products. In the refining process, crude oil undergoes primary distillation, resulting in the production of naphtha. This fractional distillation separates hydrocarbons based on their boiling points, yielding light and heavy naphtha. Light naphtha is primarily used as a feedstock for the synthesis of ethylene, which is further processed to produce synthetic rubber and other essential polymers. Conversely, heavy naphtha serves as a feedstock for the production of high-octane gasoline and aromatics, such as benzene, xylene, and toluene, essential for the automotive fleet and energy sector.

Moreover, naphtha is also used as marine fuel, bunkers, and motor vehicle fuel. With the increasing focus on cleaner energy sources and climate change mitigation, the petrochemical industry is exploring alternative feedstocks, such as biofuels, renewable feedstocks, biomass, waste oils, and even carbon fiber. Simultaneously, the exploration of unconventional crude oil deposits, including shale gas and offshore drilling, continues to expand refinery capacity. Data analytics plays a crucial role in optimizing refinery operations and enhancing the overall efficiency of the petrochemical sector. The chemical sector also utilizes naphtha, coal naphtha, and other hydrocarbons as feedstocks for steam crackers to produce essential chemicals, such as octane, propylene, and butadiene.

The integration of LNG terminals and gas imports further expands the availability of feedstocks, ensuring a steady supply to meet the growing demand for petrochemical products in various industries, including textiles, plastics, and the energy sector.

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The Naphtha segment accounted for USD 220.99 billion in 2018 and showed a gradual increase during the forecast

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Biodiesel Market Size 2024-2028

The biodiesel market size is forecast to increase by USD 16.71 billion at a CAGR of 7.38% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for renewable and sustainable energy sources. One of the key drivers is the growing use of algae for biodiesel production, which offers numerous advantages such as high oil yield and reduced greenhouse gas emissions. Soy oil and palm oil are the most commonly used feedstocks due to their availability and cost-effectiveness. Another trend in the market is the utilization of spent bleaching earth as a feedstock for biodiesel production, which not only reduces waste but also lowers production costs. However, the high operating costs of biodiesel production remain a major challenge for market growth. Producers must continuously explore ways to improve efficiency and reduce costs to remain competitive in the market. Overall, the market is expected to witness steady growth in the coming years, driven by increasing environmental awareness and government regulations promoting the use of renewable energy sources.

What will be the Size of the Biodiesel Market During the Forecast Period?

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The market represents a significant segment of the renewable biofuels industry, driven by the growing demand for environmentally friendly fuels In the transportation sector. With the increasing global population and the subsequent rise in vehicles on the road, there is a pressing need to reduce carbon emissions and dependence on fossil fuels. Biodiesel, derived from vegetable oils such as soybean oil, corn oil, canola oil, and animal tallow, among others, is a viable alternative to petroleum-based diesel fuels. The market is influenced by various factors, including feedstock selection, production capacity, and crude prices.
The market's size and direction are influenced by the adoption rate of biodiesel by Original Equipment Manufacturers (OEMs) and the availability of raw materials. The use of biodiesel in diesel engines reduces greenhouse gas emissions, making it an attractive option for consumers and governments alike. Global biodiesel consumption is expected to grow as more countries shift towards sustainable biofuels to mitigate their carbon footprint.

How is the Biodiesel Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Transport fuel
  Power generation
  Others


Type

  Vegetable oil
  Animal fats
  Others


Geography

  APAC

    India
    Thailand


  North America

    US


  Europe



  South America

    Brazil


  Middle East and Africa

By Application Insights

The transport fuel segment is estimated to grow significantly during the forecast period. Biodiesel serves as an eco-friendly alternative to traditional diesel fuel for internal combustion engines. In Europe, biodiesel dominates the biofuel market, accounting for over 80% of consumption, driven by its increasing adoption in the automotive sector. In India, the biodiesel industry is poised for growth due to substantial investments in manufacturing, with several states, such as Karnataka, utilizing biodiesel in public transportation to reduce greenhouse gas emissions. Vegetable oils, including soybean oil, corn oil, canola oil, animal fats like poultry fat and tallow, and feedstocks like palm oil and palm kernel oil, serve as raw materials for biodiesel production. The shift towards sustainable biofuels is driven by environmental concerns and increasing crude oil prices. Biodiesel is also used in power generation applications, further expanding its market reach.

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The Transport fuel segment was valued at USD 25.90 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 49% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Biodiesel production in Indonesia and India is experiencing growth due to government subsidies and mandates. In Indonesia, production has increased since 2016, driven by new subsidy calculations and domestic blending requirements. Exports remain marginal. In India, the expansion of biofuel plants and government incentives for oil manufacturing companies will boost biodiesel production during the forecast period. Vegetable oils, such as soybean oil, corn oil, and canola oil animal fats, incl

The price of jet kerosene in India has reached 1155 USD/MT in the fourth quarter of 2023. The Indian market has been witnessing a fair share of opportunities due to the relaxation of US sanctions on Venezuela, which enables the nation to procure crude oil at better competitive prices, which is highly likely to change the import strategies. Other than this, the production costs of jet kerosene across the region reduced when the supply interruptions caused due to the Israel-Hamas conflict, got better. Moreover, jet kerosene oil prices witnessed a considerable low due to the inflow of economical crude oil from Venezuela. According to numerous reports, various oil marketing companies including Bharat Petroleum Corporation, Indian Oil corporation, and Hindustan Petroleum Corporation are prepared to reduce the fuel prices in the upcoming future.

Jet Kerosene Prices December 2023

Product	Category	Region	Price
Jet Kerosene	Petrochemicals	India	1155 USD/MT

Explore IMARC's latest publication, “Jet Kerosene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the jet kerosene market, providing insights into both global and regional trends that are shaping prices.

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Compressed Natural Gas (CNG) Market Size 2025-2029

The compressed natural gas (cng) market size is forecast to increase by USD 32.28 billion, at a CAGR of 9% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing number of CNG-powered vehicles and the expansion of natural gas supply infrastructure. The surge in CNG vehicle adoption is a result of environmental concerns and the need to reduce dependence on traditional fossil fuels. Additionally, the fluctuating global oil and gas prices have made natural gas an attractive alternative fuel source. However, the market faces challenges, including the high initial investment costs for CNG infrastructure and the limited availability of refueling stations in certain regions. Furthermore, the volatility of natural gas prices can impact the profitability of CNG as a fuel option.
Companies seeking to capitalize on the opportunities in this market should focus on expanding their CNG infrastructure and collaborating with vehicle manufacturers to promote the adoption of CNG-powered vehicles. Navigating the challenges will require strategic partnerships and investments in technology to optimize the efficiency and cost-effectiveness of CNG production and distribution.

What will be the Size of the Compressed Natural Gas (CNG) Market during the forecast period?

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The market continues to evolve, with dynamic market patterns unfolding across various sectors. CNG processing technologies are advancing, enabling the conversion of natural gas into a transportable form for diverse applications. CNG trucks are gaining traction in commercial transportation, offering cost savings and energy security. In the public transportation sector, CNG buses are reducing carbon footprints and contributing to clean energy initiatives. CNG taxis are emerging as a sustainable alternative to traditional taxis, while CNG cryogenic storage solutions ensure efficient and safe fuel management. Energy security is a significant driver, with CNG's potential to reduce reliance on traditional fossil fuels and contribute to renewable energy integration.
Innovation is at the forefront, with advancements in CNG fuel efficiency, leak detection, metering, and fleet management systems. Biofuel applications are expanding, offering further sustainability benefits. Regulations and incentives shape the market landscape, influencing CNG adoption and infrastructure development. CNG supply and distribution networks are evolving, with pipelines and refueling stations expanding to meet growing demand. Safety remains a priority, with ongoing research and development in fire suppression, vaporization, and safety regulations. The CNG market's continuous dynamism underscores its potential as a viable alternative fuel source.

How is this Compressed Natural Gas (CNG) Industry segmented?

The compressed natural gas (cng) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  LDV
  MDV and HDV


Source

  Non associated gas
  Unconventional gas
  Associated gas


Distribution Channel

  Refueling Stations
  Virtual Pipelines


Tank Type

  Type 1
  Type 2
  Type 3
  Type 4


Vehicle Types

  Light-Duty
  Heavy-Duty
  Buses


Geography

  North America

    US
    Mexico


  Europe

    France
    Italy
    Norway


  Middle East and Africa

    Egypt
    Iran
    Qatar
    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The ldv segment is estimated to witness significant growth during the forecast period.

The market in the US is witnessing significant growth as businesses and public entities adopt this clean, domestic alternative fuel for various applications. CNG is increasingly being used in public transportation, with cities like Los Angeles, New York, and Seattle leading the way in converting their bus fleets to CNG. CNG fueling stations are expanding to meet the demand, with over 1,500 stations currently in operation. CNG is also gaining popularity in commercial transportation, particularly for heavy-duty vehicles like trucks and buses, due to its cost savings and energy security benefits. The US Department of Energy estimates that CNG costs about 30% less than gasoline or diesel, making it an attractive option for fleet operators.

CNG is also a domestically produced resource, reducing dependence on foreign oil and contributing to energy independence. In the residential sector, CNG is being used for heating and cooking applications, particularly in areas with abundant natural gas resources. CNG is also being used in emergency response vehicles and renewable energy systems. C

Hong Kong has some of the highest diesel prices in the world. As of May 12, 2025, drivers in Hong Kong paid an average of 3.34 U.S. dollars per liter of automotive diesel. This was more than three times the amount paid by drivers in Mainland China. Lower prices are often linked to substantial domestic crude oil production and government subsidies, as is the case in countries such as Venezuela, Iran, and the United States.

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Oil Refining Market Size 2025-2029

The oil refining market size is forecast to increase by USD 111.2 billion at a CAGR of 1.3% between 2024 and 2029.

The market is driven by the surging demand for refined fuel, with increasing global mobility and industrialization fueling this trend. The adoption of modular mini refineries is another key driver, as these facilities offer cost-effective and efficient solutions to meet local fuel demands in regions with limited infrastructure. However, the market faces significant challenges, including the costly and time-consuming nature of oil refinery maintenance operations. The oil refining market is essential for producing various transportation fuels, including fuel oils, gasoil, and liquefied petroleum gas (LPG).
These complex processes require substantial resources and planning, making it essential for companies to optimize their maintenance strategies to minimize downtime and maximize productivity. Effective implementation of predictive maintenance technologies and strategic partnerships can help refineries navigate these challenges and capitalize on the market's growth opportunities. Process control instrumentation and energy conservation measures are essential components in maintaining profitability and sustainability in the oil refining industry. The demand is driven by sectors such as transportation and power generation, with developing countries in Asia, including India and China, being key contributors.

What will be the Size of the Oil Refining Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the market, process optimization techniques and stream analysis play a pivotal role in enhancing efficiency and reducing costs. Heavy oil upgrading, a significant segment, employs advanced methods like reactor temperature control and catalyst selection to maximize output. Petroleum coke production, a byproduct of refining, is subject to stringent safety management systems and environmental impact assessments. Distillation tower design and heat exchanger efficiency are crucial in optimizing energy consumption. The market is a critical component of oil and gas downstream, focusing on the processing and refining of crude oil into valuable products. Hydrogen production methods, integral to various refining processes, are undergoing innovation to minimize costs and improve yields. Fractionator control systems ensure consistent product quality, while pipeline integrity management and pressure control systems maintain safety and reliability.

Environmental considerations are driving the adoption of waste minimization strategies and desalting process control. Thermal cracking methods, a key refining technology, continue to evolve, with process simulation software aiding in optimizing operations. Reactor temperature control, reactor catalyst selection, and paraffin wax production are areas of ongoing research for improved performance and reduced emissions. Asphalt production methods and bitumen processing are also undergoing technological advancements to meet evolving market demands. Additionally, the growing aviation industry significantly contributes to market expansion, as it requires a substantial supply of jet fuel to support increasing air travel and cargo transportation.

How is this Oil Refining Industry segmented?

The oil refining industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Light distillates
  Middle distillates
  Fuel oil
  Others


Fuel Type

  Gasoline
  Kerosene
  LPG
  Others


End-user

  Transportation
  Petrochemicals
  Residential and commercial heating
  Power generation
  Others


Capacity

  Large-scale refineries
  Medium-scale refineries
  Small-scale refineries


Geography

  North America

    US
    Canada


  Europe

    Germany
    Italy
    Russia
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Product Insights

The Light distillates segment is estimated to witness significant growth during the forecast period. The market is driven by the demand for light distillates, particularly gasoline, from the transportation sector. Light distillates, which include petrol or gasoline, accounted for the largest market share in 2024. Light crude oil, the primary feedstock for producing light distillates, contains a higher proportion of hydrocarbons and is easier to refine compared to heavier variants. This results in a greater yield of gasoline and diesel from light crude oil. The transportation industry's reliance on gasoline as a fuel source further increases its demand. Crude oil distillation

Gasoline Prices in Brazil increased to 1.14 USD/Liter in June from 1.11 USD/Liter in May of 2025. This dataset provides the latest reported value for - Brazil Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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Fuel Cards Market Size 2024-2028

The fuel cards market size is forecast to increase by USD 2.98 billion at a CAGR of 6.36% between 2023 and 2028.

The market is experiencing significant growth, driven by the rising penetration of digitalization in various sectors. This trend is transforming the way businesses manage their fuel expenses, offering real-time transaction monitoring, automated reporting, and improved fleet management. Strategic alliances and acquisitions are also shaping the market, with key players seeking to expand their reach and offer comprehensive solutions. However, challenges persist, including the lack of awareness and infrastructure in certain regions, which hampers market penetration. Despite these hurdles, the market is poised for continued expansion, fueled by technological advancements and the increasing demand for efficient fuel management solutions.

What will the size of the market be during the forecast period?

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The market is a significant segment in the transportation industry, enabling efficient fuel payments and expense management for both commercial fleets and individuals. Fuel cards facilitate digital transactions at certified gas stations, providing a mobile, frictionless experience for cardholders. Advanced payment methods like smart cards and standard cards offer added security features and streamlined vehicle service, parking, toll charge, and fuel rewards. Fuel retailers benefit from fuel card partnerships, expanding their customer base and enhancing the shopping experience through Platinum Status programs and Fuel Rewards. Card issuers leverage data capture and telematics integration to optimize fleet management and expense management.
Environmental initiatives are also gaining importance, with many fuel card providers promoting eco-friendly practices and incentives for the use of alternative fuels. Fuel cards cater to various sectors, including commercial fleets and individuals, helping manage fuel-related expenses and additional expenses. Shell Oil Products and other major players in the oil industry issue fuel cards, offering financial services tailored to their customers' needs. The future of the market lies in continued innovation, focusing on advanced payment methods, data security, and environmental sustainability.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Branded
  Universal
  Merchant


Geography

  Europe

    Germany
    UK


  North America

    US


  APAC

    China
    India


  Middle East and Africa



  South America

By Type Insights

The branded segment is estimated to witness significant growth during the forecast period.

Branded fuel cards, issued by fuel station brands such as Exxon Mobil Corporation, BP plc, and Sunoco LP, are increasingly preferred by small businesses with brand loyalty or a strong presence in specific regions. These cards offer several benefits, including purchase bonuses, online access to reporting and transaction controls, and introductory annual percentage rates (APR) or low fees. These advantages contribute to the growth of the branded fuel cards segment. Digital transaction solutions have revolutionized fuel consumption management, enabling real-time car mileage tracking, route efficiency, and breakdown prevention for fleet operators and trucking companies. E-commerce activities, delivery services, and logistics have further fueled the demand for digital fuel cards.

Additionally, digital transformation in the fuel card market has led to the adoption of security measures, data analytics, and reporting to mitigate fraud and misuse. Eco-friendly initiatives, such as fuel incentives, fuel tax, and fuel subsidies, are also driving the market's growth. Digital fuel cards can be integrated with infotainment systems, enabling seamless transactions and vehicle location tracking. Prepaid cards offer cost savings and control over fuel consumption. Amazon, Mastercard, ToneTag, Fastag, and other digital payment providers are entering the fuel card market, offering advanced features like contactless payments, mobile wallet integration, and real-time transaction processing. Fleet drivers and truck maintenance and repair services can benefit from these offerings, as they can easily manage fuel expenses, vehicle parts, and tax information.

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The branded segment was valued at USD 3.33 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 39% to the growth of the global market during the forecast

Gasoline Prices in Venezuela remained unchanged at 0.01 USD/Liter in June. This dataset provides the latest reported value for - Venezuela Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

• The industry was valued at US$ 141.2 Mn in 2023
• It is estimated to grow at a CAGR of 2.7% from 2024 to 2034 and reach US$ 189.5 Mn by the end of 2034

Market Introduction

Attribute	Detail
Drivers	Growth in Air Travel Surge in Investment in Aviation Infrastructure

Aviation Fuel Terminals Industry Snapshot in India

Attribute	Detail
Market Size in 2023	US$ 141.2 Mn
Market Forecast (Value) in 2034	US$ 189.5 Mn
Growth Rate (CAGR)	2.7%
Forecast Period	2024-2034
Historical Data Available for	2020-2022
Quantitative Units	US$ Mn for Value
Market Analysis	It includes segment analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2023) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	By Terminal Type Fixed Base Operator (FBO) Terminal Commercial Airports Terminal Military Airbase Terminal Helipad Terminal Others By Terminal Ownership Government-owned Terminal Private-owned Terminal Joint Venture Terminal (Government-Private Partnership) By Terminal Capacity Small-scale Terminal Medium-scale Terminal Large-scale Terminal
Companies Profiled	Indian Oil Corporation Limited (IOCL) Bharat Petroleum Corporation Limited (BPCL) Hindustan Petroleum Corporation Limited (HPCL) Reliance Industries Limited (RIL) Essar Oil Limited Adani Enterprises Limited Nayara Energy Limited Shell India Markets Private Limited GMR Hyderabad Aviation SEZ Limited Airports Authority of India (AAI)
Customization Scope	Available upon request
Pricing	Available upon request

In June of 2024, the average price of petrol per liters in Iraq stood at *** Iraqi Dinar. The petrol price per liters in Iraq was constant at *** Iraqi Dinar between the first half of 2020 and June 2023.