Bunker Fuel Market 2025 Development Status, Industry Insights and Forecast Research Report Bunker fuel, also known as residual fuel or heavy fuel oil (HFO), is the thick, viscous residue left over from the crude oil refining process after more valuable products like gasoline, diesel, and jet fuel have been extracted. Its name originates from the coal bunkers of steam-powered ships, which were repurposed to hold this liquid fuel during the transition to oil. Characterized by its high...
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