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bunker fuel oil

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.01 sec.
bunker fuel oil [¦bəŋ·kər ‚fyül ‚ȯil]
(materials)
A heavy residual petroleum oil used as fuel by ships, industry, and large-scale heating and power-production installations.


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The SultanateEoe1/4aos government-owned ORPC produces liquefied petroleum gas, kerosene, diesel, bunker fuel oil, propylene, naphtha, low-sulfur gas oil and granulated sulfur.
Singapore currently registers almost US$300 billion worth of annual oil trade and more than 30 million metric tonnes of annual bunker fuel oil sales.
And bunker fuel oil buyers only hedge via third parties, such as bank, which use the swaps market.
 
 
 
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