Heavy Fuel Oil Market Dynamics: Opportunities and Challenges Ahead

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2024-12-09 11:31:50 -

The global heavy fuel oil (HFO) market is a crucial component of the energy and shipping industries, serving as a primary source of energy for ships, power plants, and industrial applications. Heavy fuel oil, a byproduct of crude oil refining, is characterized by its high viscosity and dense nature. This makes it an economical fuel option for large-scale energy generation, but also one that is...

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