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Heating Oil is a type of fuel oil used to heat buildings, typically homes and businesses. It is a distillate fuel, meaning it is derived from crude oil through a distillation process. Heating Oil is a type of petroleum product, and is often referred to as fuel oil, furnace oil, or kerosene. It is used in oil-fired furnaces, boilers, and water heaters, and is also used in some diesel engines. Heating Oil is a relatively clean-burning fuel, and is often used in areas where natural gas is not available.
Heating Oil is a major component of the oil market, and is used in many countries around the world. It is typically sold in bulk, and is delivered to homes and businesses by truck. Prices for Heating Oil are typically higher than those for gasoline, due to the additional cost of delivery.
Some companies in the Heating Oil market include BP, Chevron, ExxonMobil, Shell, and Valero. Show Less Read more
