TeachMeFinance.com - explain Residual fuel oil
Residual fuel oil The term 'Residual fuel oil' as it applies to the area of energy can be defined as ' A general classification for the heavier oils, known as No. 5 and No. 6 fuel oils, that remain after the distillate fuel oils and lighter hydrocarbons are distilled away in refinery operations. It conforms to ASTM Specifications D 396 and D 975and Federal Specification VV-F-815C. No. 5, a residual fuel oil of medium viscosity, is also known as Navy Special and is defined in Military Specification MIL-F-859E, including Amendment 2 (NATO SymbolF-770). It is used in steam-powered vessels in government service and inshore powerplants. No. 6 fuel oil includes Bunker C fuel oil and issued for the production of electric power, space heating, vesselbunkering, and various industrial purposes'.
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