Fuel Oil

Fuel Oil

Fuel oil comes in several grades and types, each tailored for specific applications. Common types include heavy fuel oil (HFO), light fuel oil (LFO), and marine gas oil (MGO). Fuel oil must meet specific quality and performance standards to ensure efficient combustion, equipment reliability, and compliance with environmental regulations.Fuel oil is typically stored in tanks and transported to end-users in bulk quantities.

Fuel oil is primarily produced in refineries during the crude oil refining process, and supply sources include refineries, storage facilities, and production regions. Fuel oil combustion can produce emissions and is subject to environmental regulations, especially in maritime transportation and power generation.

Fuel oil trading encompasses the purchase and sale of fuel oil, which is a versatile liquid fuel derived from crude oil. This fuel source is known for its high energy content and is used in various applications, including power generation, heating, and maritime transportation.