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Fuel Oil Price History and Forecast Analysis Provided by Procurement Resource

Report FeaturesDetails
Product NameFuel Oil
Region/Countries CoveredAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of  the customer
Post-Sale Analyst Support360-degree analyst support after report delivery

Request for Real Time Fuel oil Prices: https://www.procurementresource.com/resource-center/fuel-oil-price-trends/pricerequest

Fuel oil is a liquid fuel made from crude oil or other petroleum-based sources. It is commonly employed as an energy source for industrial, commercial, and household reasons.

Large tanks of fuel oil are often transported by rail, tanker trucks, or ships. It is held in tanks before being burned in furnaces, boilers, or other types of combustion engines to generate heat or power.

Fuel oil offers various advantages as an energy source, including its availability, simplicity of transportation, and low cost when compared to other types of fuel. It does, however, have a number of drawbacks, including a high sulphur concentration, which can contribute to air pollution and environmental damage.

The United States, Russia, Saudi Arabia, Russia, Canada, Iraq, United Arab Emirates, Brazil, and Iran are the top fuel oil-producing countries.

Key Details About the Fuel oil Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Fuel oil price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The fuel oil price chart, including India Fuel oil price, USA Fuel oil price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Fuel oil Price Trend:

Price Trend Image

In power plants, fuel oil is often used to create electricity. It is used to heat water and generate steam in boilers or other combustion systems, which drives turbines that generate energy.

It provides heat in industrial and commercial contexts such as factories, warehouses, and other large structures. In locations where natural gas is not available, domestic heating often employs electric heaters.

It’s a key fuel for maritime vessels including cargo ships and tankers. It is also used in ships as a backup fuel for emergency power generation.

It is a raw ingredient used in the manufacture of asphalt for road construction and maintenance.

Key Players:

  • BP plc
  • Exxon Mobil Corporation
  • PetroChina Company Limited
  • SINOPEC Fuel Oil Sales Corporation Limited
  • Royal Dutch Shell Plc

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About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
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