Also recognized by the name furnace oil, Fuel Oil encompasses residues collected from the distillation of crude oil. The mentioned oil oil we offer is mainly used for the steam boilers in industrial plants, aboard ships and power plants. Our offered fuel oil can also be blended with other petroleum fractions to achieve desired flash point and viscosity. This oil can be seen as any other oil that is used to generate heat. One of the best pros of using fuel oil is that it costs less than gas and electricity.