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TeachMeFinance.com - explain Fuel oil Fuel oil The term 'Fuel oil' as it applies to the area of energy can be defined as ' A liquid petroleum product less volatile than gasoline, used as an energy source. Fuel oil includes distillate fuel oil (No. 1, No. 2, and No. 4), and residual fuel oil (No. 5 and No.6)'. About the author
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