HFO has various meanings in the Business & Finance category. Discover the full forms, definitions, and usage contexts of HFO in Business & Finance.
Heavy Fuel Oil is a fraction obtained from petroleum distillation, either as a distillate or a residue. The term fuel oil is used to refer only to the heaviest commercial fuel that can be obtained from crude oil; heavier than gasoline and naphtha. Marine diesel oil contains some heavy fuel oil, unlike regular diesels. Also, marine fuel oils sometimes contain waste products such as used motor oil.
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