Residual fuel oil

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The heavier oils that remain after the distillate fuel oils and lighter hydrocarbons are distilled away in refinery operations and that conform to ASTM Specifications D396 and D975. Included are No. 5, a residual fuel oil of medium viscosity; Navy Special, for use in steam-powered vessels in government service and in shore power plants; and No. 6, which includes Bunker C fuel oil and is used for commercial and industrial heating, electricity generation, and to power ships. Imports of residual fuel oil include imported crude oil burned as fuel. See crude oil, hydrocarbons. (source: EPA)

Background from Wikipedia

Fuel oil is a fraction obtained from petroleum distillation, either as a distillate or a residue. Broadly speaking, fuel oil is any liquid petroleum product that is burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power, except oils having a flash point of approximately 40 °C (about 100 °F) and oils burned in cotton or wool-wick burners. In this sense, diesel is a type of fuel oil. Fuel oil is made of long hydrocarbon chains, particularly alkanes, cycloalkanes and aromatics. Factually and in a stricter sense, the term fuel oil is used to indicate the heaviest commercial fuel that can be obtained from crude oil, heavier than gasoline and naphtha.

Uncertainty makes long-term investment 'impossible'  -  Oct 19, 2007
bunkerworld (subscription),Currently, nobody can be certain whether there is a future for residual fuel oil as a shipping fuel until the process of revising global regulations under

Demystify gas pricing policy  -  Sep 30, 2007
Economic Times,A third rule links the gas and residual fuel oil prices at the burner tip to prices for gas and crude at the main trading hubs. Hence the 10-to-1 rule,

UPDATE: EIA: US Revised July Oil Use -0.5% Vs Yr Ago  -  Oct 2, 2007
FXstreet.com The Foreign Exchange Market,Demand for heavy residual fuel oil averaged 656000 barrels a day in July, 50000 barrels a day lower than earlier estimates, and 11000 barrels a day below

Iran: Energy profile  -  Oct 3, 2007
EnerPub,However, it is an overall net petroleum products exporter due to large exports of residual fuel oil. Oil export revenues represent the majority of Iran’s

IEA predicts major shift in fuel oil fundamentals  -  Aug 15, 2007
bunkerworld,The global bunker market has been built on the ready availability of relatively cheap residual fuel oil suitable for ship engines.

Ghana: Ghana Poised for CDM  -  Aug 17, 2007
AllAfrica.com,Replacing residual fuel oil in industry with natural gas could result in green gas emission reductions which could be traded between Ghana and developed

A Primer For Profits In Energy Futures  -  Aug 6, 2007
Forbes,...of refined products, such as motor gasoline, jet fuel, distillate fuel oil (a source of diesel fuel) and residual fuel oil that are readily available.

Refiners' Boom Time May Be Near End  -  Aug 9, 2007
Wall Street JournalThrough a project at its Philadelphia refinery, Sunoco is able to transform residual fuel oil, the heavy material that remains after the refining process,

Goldman sees disconnect in US and UK natural gas  -  Jul 30, 2007
EnerPub,US natural gas prices have moved to substantially lower levels in recent weeks, disconnecting further from the price of residual fuel oil,

Marathon Oil Corporation Announces CDN$6.5 Billion (USD$6.2 ...  -  Jul 31, 2007
PR Newswire (press release),The absence of vacuum residue in PAS enables refiners to produce light products without residual fuel oil. PAS is an attractive alternative to conventional

Golden Star Announces Agreement for Ten Megawatt Additional Power ...  -  Aug 10, 2007
Canada NewsWire (press release),The planned power station can be operated on diesel or lower cost residual fuel oil, and it is planned to install fuel handling facilities for all types.

A Touch of Vinegar in the Oil Story  -  Apr 4, 2007
Barron's (subscription)Importantly, our models assume natural-gas prices remain below residual fuel-oil prices throughout the rest of this year and therefore will be at an average

Indonesia refining sector facing problems due to unexpected shut ...  -  Mar 20, 2007
PetroMine (Subscription),The RCC cracks the high yield of residual fuel oil obtained from imported sour/heavy Middle East crudes into value-added gasoil, jet kerosine and gasoline.

Imports rise, exports fall in 2006  -  Mar 19, 2007
fijilive.com (subscription),...and preparations, kerosene and illuminating oil, industrial diesel, aviation turbine fuel, residual fuel oil, bitumen and asphalt and liquefied butanes.

Short-Term Energy Outlook: March  -  Mar 14, 2007
Spero NewsThe decline is mainly due to residual fuel oil demand, which fell by 250000 bbl/d (27.4 percent). In 2007 and 2008, total petroleum product consumption is

Musharraf Directs Swift Setting-up of Small Power Units  -  Mar 12, 2007
Pakistan Times,He said energy would also be imported from the regional countries and alternative sources including coal, Residual Fuel Oil, wind mills would be utilized to

Harvest Energy Trust Announces Fourth Quarter and Full Year 2006 ...  -  Mar 12, 2007
CCNMatthews (press release),The visbreaker project will enable a more complete upgrade of the lower value residual fuel oil and provides a quick payout. We intend to commence the

President directs setting up of small power units on fast track basis  -  Mar 12, 2007
Associated Press of Pakistan,He said energy would also be imported from the regional countries and alternative sources including coal, Residual Fuel Oil, wind mills would be utilized to

US oil demand drops in 2006  -  Mar 5, 2007
WIS,EIA data shows lower demand for jet fuel and a record 26 percent plunge in use of heavy residual fuel oil overcame the growth elsewhere.

FUTURES MOVERS Crude futures fall, on pace for a weekly loss  -  Mar 9, 2007
MarketWatchOPEC's goals have been assisted by cold weather, which took a major toll on distillate, residual-fuel oil and propane inventories," said James Williams,

Power shock at Kerawalapitiya  -  Feb 17, 2007
Nation on Sunday,...if instead of Combined-Cycle Gas-Turbines that use high priced automotive diesel fuel, lower priced, residual fuel oil based reciprocating engines were

Uranium, zinc seen as top performers for 2007  -  21 Dec 2006
Globe and Mail,The oil and gas index increased in November as Canadian natural gas export prices recovered sharply from an oversold position relative to residual fuel oil. ...

Crude Oil Outlook: Gasoline Consumption Expected To Increase  -  Dec 14, 2006
CattleNetwork.com,Residual fuel oil demand, under pressure from low natural gas prices and a mild winter earlier in the year, is projected to shrink by 25 percent. ...

US oil demand rebalances, inventories up  -  Dec 13, 2006
Monsters and Critics.com,WASHINGTON, DC, United States (UPI) -- A sharp drop in the use of residual fuel oil, a utility company fuel, cut US oil demand in November compared to year-ago ...

US oil demand rebalances, inventories up  -  Dec 13, 2006
Washington Times,A sharp drop in the use of residual fuel oil, a utility company fuel, cut US oil demand in November compared to year-ago levels, a trade group reported. ...

LSFO quality concerns persist  -  Nov 22, 2006
bunkerworld,...means refineries would be more likely to either export high sulphur residual fuel or undergo deep conversions that would leave no residual fuel oil output. ...

Crude oil production in EU drops by 10%  -  Dec 3, 2006
Islamic Republic News Agency,...petroleum products is recorded to Singapore with about 6mt. This rise is due to the increase of the exports of residual fuel oil.

IMO chief will not pre-empt decisions in IFO/distillate debate  -  Nov 30, 2006
bunkerworld,Mitropoulos, in Oslo, appear to quote, selectively, only a fraction of that part of his address concerning the issue of residual fuel oil and distillate," he ...

Scotiabank's Commodity Price Index Retreats Further in October  -  Nov 23, 2006
Canada NewsWire (press release),However, US natural gas prices in September on an energy-equivalent basis were heavily oversold relative to residual fuel oil (particularly for power generation ...

Commodities continue to cool  -  Nov 23, 2006
Globe and Mail,...“However, US natural gas prices on an energy-equivalent basis in September were heavily oversold relative to residual fuel oil and have rebounded ...

Analysis: Oil prices retract to new low  -  14 Oct 2006
United Press International...research at Merrill Lynch, the rush by OPEC to make production cuts are largely due to the 25 percent drop in spot high sulfur residual fuel oil prices, which ...

Expect lower heating costs this winter  -  Oct 12, 2006
Cherry Creek News,...average demand was down 130,000 bbl/d, or 0.6 percent, from the previous year due to mild weather—which reduced heating oil, residual fuel oil, and propane ...

Intertanko plans to propose fuel switch at IMO pollution meeting  -  Oct 6, 2006
Platts (subscription)The shipping industry appears to face two potential choices: continue using residual fuel oil and look to shipboard technologies to clean the fuel, or switch ...

Coal-fired plants pushed for CNMI  -  Sep 28, 2006
Saipan Tribune,...can do better by installing coal-fired power plants, instead of continuing with the diesel and residual fuel oil units it is currently using, according to a ...

Volatile oil prices hit OPEC  -  Sep 21, 2006
Monsters and Critics.com,Since December 2004, OPEC has been focused on managing the bottom end of the barrel to avoid a collapse in residual fuel oil prices, as they have a tremendous ...

Venezuela to phase out production of Orimulsion boiler fuel  -  Sep 26, 2006
International Herald Tribune,...undervalued. The fuel is sold as a substitute for coal or residual fuel oil and is priced in line with coal instead of oil. Venezuela ...

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