FinancialNewsMedia.com News Commentary 

PALM BEACH, Fla., Aug. 12, 2022 /PRNewswire/ -- The automotive fuel market is expected to continue to rise even as the electric market grows. A recent report from Research Corridor says that the global automotive oil & fuel market size is expected to register a significant CAGR during the forecast period 2020 to 2027, and other reports have projected that the automotive fuel delivery system market is expected to grow at a CAGR of more than 6% (2022 - 2032). The reports say that: "The rising demand for automobiles is expected to boost market revenues for the global automotive fuel delivery system market. The fuel delivery system is an important part of an automobile because it transports fuel from the tank to the combustion chamber in the cylinder head. The storage tank, Engine Control Unit (ECU), pressure regulators, fuel pumps, fuel injectors, and throttle position sensor are all part of the automobile fuel delivery system.  The global automotive fuel delivery system market is directly related to automobile demand, as rising automobile demand drives sales of automotive fuel delivery systems. Although fuel delivery systems are used in all types of vehicles regardless of fuel type, such as gasoline or compressed natural gas (CNG), slight modifications to the fuel delivery systems are made depending on the fuel used."  Active companies in the markets this week include EzFill Holdings, Inc. (NASDAQ: EZFL), Sunoco LP (NYSE: SUN), ARKO Corp. (NASDAQ: ARKO), UGI Corporation (NYSE: UGI), Delek Logistics Partners, LP (NYSE: DKL).