Fuel Oil Prospects 2008-2013

The fuel oil industry will continue its pace of fast-changing developments. Fuel oil, “the bottom of the barrel product”, has experienced supply swings reflecting the offsetting effects of heavier crude slates and refinery upgrades which favor production of lighter and more profitable petroleum products. At the same time, residual fuel is experiencing a rapid increase in consumption by the marine industry and a decline in consumption by the electricity and manufacturing industries. Download here