Europe fuel oil production
The Future of Europe Fuel Oil Supply and Demand, 2005-2025: Trends, Drivers, Challenges and Forecasts of Fuel Oil Production and Consumption under Current Market Dynamics - Research and Markets Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. It includes crude oil, natural gas liquids (NGLs) and additives. This indicator is measured in thousand tonne of oil equivalent (toe).Crude oil is a mineral oil consisting of a mixture Worldwide demand for diesel fuel and other distillate fuel oils steadily increased, with strong demand in China, Europe, and the United States. In the United States, the transition to ultra-low sulfur diesel (ULSD) fuel affected diesel fuel production and distribution costs. In addition, the federal excise tax on diesel fuel is 6 cents higher per gallon than the federal excise tax on regular-grade gasoline.