Bunker Fuel

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Bunker Fuel

Refined oil on a ship and used as fuel. See also: Bunker adjustment factor.
References in periodicals archive ?
Sinopec Fuel Oil Sales Company, covers all key ports in China's coastal areas, and operates in more than 40 overseas key ports worldwide.
The company produced 206,000 bpd of fuel oil at its wholly owned refineries within Saudi Arabia in 2017.
Pakistan's lower fuel oil demand may have contributed to weakness in Asia's fuel oil market this week, the four trade sources said.
Art Cassanos, president of Colonial Fuel Oil, said, 'We looked at a number of possible companies to acquire the Colonial Fuel Oil business and we selected Quarles as the best fit for our customers.
Lawrence Axelrod, founder and principal of Axelrod Energy Projects LCC and Abudi Zein, co-founder and CEO of ClipperData, announced the sale of the publication at Axelrod's 10th annual World Fuel Oil Summit held in Greece on May 18-20, 2017.
Iran is now experiencing sustained exports of more than 65 million liters of gasoil and fuel oil per day, said the official.
Speaking at Gulf Intelligence's Oil Market Workshop in Dubai, Owain Johnson, Managing Director, DME said "The Middle East has tremendous potential as a key global trading and pricing hub for refined products and the listing of high-sulfur fuel oil derivatives on the DME is a significant step towards helping the region realize its full potential as a trading hub."
"We are making a few visits today to make sure that citizens are receiving their needs of fuel oil in this cold weather," he added.
Tehran increased fuel oil exports in the previous year to compensate its cuts in crude oil exports.
A look at Chinese customs data shows that after importing less than $1 million worth of fuel oil in all of 2012, China imported 5.4 million barrels a day of Iranian fuel oil valued at $495 million in the first seven months this year, the Journal reported.
Distillate Fuel Oil. A general classification for one of the petroleum fractions produced in conventional distillation operations.