A heavy residual fuel obtained during oil refining. It is used in the energy sector, industry, and shipping as an efficient source of thermal energy.
Description
This is a residual product of oil refining obtained after the removal of light fractions (gasoline, kerosene, diesel). It is a viscous, dark liquid widely used as a fuel in the energy sector and industry.
Terms
The price is calculated on a case-by-case basis depending on the volume of the shipment, the terms of the transaction, and current market prices.