Results for tag: "Light Fuel Oil"

Light Fuel Oil (LFO) is a type of oil derived from crude oil. It is a distillate fuel oil, meaning it is produced by distilling crude oil. It is a light oil, meaning it has a low viscosity and is easy to pump and handle. It is used in a variety of applications, including as a fuel for ships, boilers, and furnaces. It is also used as a feedstock for the production of lubricants and other petroleum products. LFO is a key component of the oil market, as it is used in a variety of applications. It is a relatively inexpensive fuel, making it attractive to many users. It is also a relatively clean fuel, meaning it produces fewer emissions than other fuels. Some of the major companies in the LFO market include ExxonMobil, Chevron, BP, Shell, and Total. These companies are involved in the production, refining, and distribution of LFO. Show Less Read more