Fuel Oil Price History and Forecast
Monitor Fuel Oil Prices Worldwide
See monthly Fuel Oil prices in 35 strategic countries. Also check Fuel Oil price history since 2007 and forecasts. Subscribe now to Intratec Energy Price References and gain access to current prices of 13 key energy commodities, including Fuel Oil.
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- Current Monthly Prices & Forecasts
- Prices for 13 Energy Commodities
- Prices in Up to 35 Countries
- Price History since Jan 2007
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Data Legend. The Fuel Oil chart shows the prices in USA Dollar per metric ton (USD/mt). For the world region Americas, check Fuel Oil prices in the following countries:
- US: transaction, cif, US Gulf
- Germany: transaction, fob
- China: spot, exw
- Japan: transaction, fob
- Saudi Arabia: transaction, fob, Arab Gulf
- Brazil: transaction, fob
- Singapore: transaction, fob
- South Africa: transaction, fob
- Belgium: transaction, cif
- Indonesia: transaction, cif
- Turkey: transaction, cif
- Thailand: transaction, fob
- Russia: transaction, fob
- India: transaction, fob
- Netherlands: transaction, fob, Rotterdam
- South Korea: transaction, cif
- Philippines: transaction, cif
- Colombia: transaction, fob
- Australia: transaction, cif
- United Kingdom: transaction, fob
- Finland: transaction, fob
- France: transaction, fob
- United Arab Emirates: transaction, fob
- Canada: transaction, cif
- Chile: transaction, fob
- Czech Republic: transaction, fob
- Hungary: transaction, cif
- Italy: transaction, cif
- Mexico: transaction, fob
- Morocco: transaction, cif
- Norway: transaction, cif
- Poland: transaction, fob
- Sweden: transaction, fob
- Taiwan: transaction, fob
- Ukraine: transaction, cif
Data Use. Fuel Oil prices are provided as an annual subscription where subscribers have access to trustworthy and independent pricing data of 13 key energy commodities in 35 strategic countries worldwide. To better understand data provided by Intratec Energy Price References, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide and Glossary .
Price Dynamics. The Fuel Oil price in Brazil decreased during July 2018 to 431 USD per metric ton, which represents a slight decline of 1% compared to the previous month’s value. On a year-over-year basis, Fuel Oil prices in Brazil increased significantly by 57%. Meanwhile, in Canada, the average price of Fuel Oil amounted to 480 USD per metric ton in July 2018, from 294 USD per metric ton one year earlier. On a month-over-month basis, the Fuel Oil price in Canada is 4% lower than the price one month before.
The price of Fuel Oil in Chile rose slightly throughout July 2018, reaching 584 USD per metric ton. The price in Chile is 0.4% higher than the average price in the previous month and 54% higher than the average price one year before. In contrast, Fuel Oil prices in Colombia decreased during July 2018, reaching 393 USD per metric ton, which means a decline of 4% from the previous month’s price and a rise of 48% from the previous year’s price.
In the month examined, the Fuel Oil prices in Mexico experienced a significant rise of 57 USD per metric ton from the previous month's price, to 365 USD per metric ton. Such price movement in Mexico meant a rise of 18% on a monthly basis and a rise of 49% on a yearly basis. On the other hand, in July 2018, the Fuel Oil price in United States witnessed a decline of 10 USD per metric ton when compared against the previous month's price, to 433 USD per metric ton. The July 2018 price in United States is 39% higher than the price one year before.
Intratec Energy Price References
Monitor 13 Energy Commodities Prices
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About Intratec Energy Price References. Subscription-based product which monthly delivers trustworthy prices of energy commodities worldwide. Essentially, it covers:
- Latest monthly prices of 13 energy commodities, including: Butane, Coal, Crude Oil, Diesel, Electricity, Ethanol, Gasoline, Petroleum Coke, Fuel Oil, Kerosene, Naphtha, Natural Gas and Propane
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Prices in 35 key countries, grouped by 6 world regions:
- 1 Americas: United States, Canada, Mexico, Brazil, Chile, Colombia
- 2 West Europe: Germany, France, Italy, Belgium, Netherlands, United Kingdom
- 3 Central & North Europe: Sweden, Norway, Finland, Poland, Czech Republic, Hungary
- 4 Southeast Asia & Oceania: Australia, Singapore, Indonesia, Thailand, Philippines, India
- 5 East Europe & North Asia: China, Japan, Russia, South Korea, Taiwan, Ukraine
- 6 Africa & Middle East: Saudi Arabia, South Africa, Turkey, Morocco, United Arab Emirates
- Historical prices since January 2007
- Short-term forecasts covering a rolling 9 months forward
About Fuel Oil. Fuel Oil is an organic compound, a mixture of hydrocarbons. It is a highly viscous liquid, with yellowish to black color, insoluble in water and most organic solvents. Fuel oil is a general classification of petroleum fraction (obtained either as a distillate or as a residue) that is used in an engine for power generation or is burned in a furnace for heat generation. For this matter, a wide variety of compounds can be categorized as fuel oil, diesel is one of those. It is composed mainly of long-chain alkanes, aromatics and cycloalkanes. Fuel oil can be categorized into 6 types, from number 1 through 6. The heavier fuel oils (4-6) are largely byproducts of the refining process, so their specification can vary greatly. Being a byproduct does not equate to having few or no uses; all types of fuel oil indeed are produced and employed in large quantities worldwide, for different uses.
Fuel oil is transported depending on the quantity and the destination. Lighter fuel oils can be transported via pipelines. Inland it is carried by rail cars (landmass transportation, usually in DOT-11 cars, holding 34,500 US gallons) and trucks (land transportation, ranging from 400 to 7,500 US gallons). Worldwide fuel oil is shipped by fleets of oil tankers. The biggest problem associated with its transportation are pollution and leakage/spilling since the mixture is very toxic to living animals and the environment as a whole. Some fuel oils will also absorb water from the environment (air, pipes, tanks), causing them to break down and damage the engine that it is powering. Fuel oil is extremely flammable, so it must be kept away from heat, sparks, flame, or other sources of ignition.
Fuel Oil is used mainly as ship/truck/car/train fuel; industrial solvent; in house and industrial heat generation; and electricity generation.
