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Fuel Oil Price History and Forecast Analysis Provided by Procurement Resource

10-11-2022 02:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Procurement Resource

Fuel Oil Price History and Forecast Analysis Provided

Product Name - Fuel Oil
Synonyms - Heavy oil, Marine fuel, Furnace oil
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability-Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery

Region/Countries for which Data is available

Asia 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

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

Fuel oil is the by-product of petroleum distillation. It boils above 250°C and is burned on a boiler or in a furnace to generate heat for engine use or for generating power.

Fuel oil can be derived from the derivatives of crude oil. It is used to power household heating equipment such as furnaces, boilers, and various lamps and stoves.

The worldwide leading fuel oil producing countries are Saudi Arabia, Russia, Canada, Iraq, the United States of America, and the United Arab Emirates.

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.

For more info click on this link: https://www.procurementresource.com/resource-center/fuel-oil-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, pricing database, and analysis can prove valuable for the 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:

Fuel oil's use in fuel for automotive, production of electricity, and heating fuel are impacting the fuel oil price trend.

Fuel oil includes diesel fuel that is used in heavy engines like buses, boats etc., and heating oil that finds application in used boilers and furnaces for heating homes and buildings, or industrial heating, as well as electricity production in power plants.

Key Market Players:

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

News and Events:

September 21, 2022 - Iraq's Oil Marketing Company (SOMO) recently exported a fuel oil batch that was full of contaminants from a chemical cleaning agent. The affected oil accounted for around 600,000 to 700,000 tonnes of oil full of high-sulphur straight-run fuel oil (HSSR). It had chlorinated organic compounds (COC) varying from 90 to 130 parts per million (ppm).

We Provide Lots of Industries Reports With Full Analysis, For That You Should Visit Our Procurement Resource Website, Apart From This, We Also Provide the Latest Price Trends of Various Products Including pvc prices and caustic soda price.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
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
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Blog: https://procurementresource.blogspot.com/
Website: https://www.procurementresource.com/

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 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 track 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

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