Heavy fuel oil is a residual fuel incurred
during the distillation of crude oil. The
quality of the residual fuel depends on
the quality of the crude oil used in the
refinery.
Liquefied petroleum gas or liquid
petroleum gas (LPG or LP gas), also
referred to as simply propane or butane,
are flammable mixtures of hydrocarbon
gases used as fuel in heating appliances.
One of the most actively traded oil
products, gasoil is the underlying in a
key International Petroleum Exchange
(IPE) futures contract. In refining
terms, gasoil comes between fuel oil.
Liquefied natural gas (LNG) is a
composition of methane and some
mixture of ethane used to convert
natural gas to liquid form for ease and
safety of storage transport.
Bitumen is a substance that forms
through the distillation of crude oil. It
has waterproofing and adhesive
properties.
Bitumen
production
through distillation removes lighter
crude oil components.
Aviation fuel is a specialized type of
petroleum-based fuel used to power
aircraft. It is generally of a higher quality
than fuels used in less critical
applications.