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Naphtha is a volatile, highly flammable liquid hydrocarbon mixture derived from distilled petroleum. It is primarily used as a solvent and diluent to produce high-octane gasoline, as a raw material for gasoline conversion, and for cleaning metals.
Gasoil, a middle distillate and type of heating oil, is mainly used in internal combustion engines like those in vehicles and trucks. It is one of the most actively traded oil products and serves as the underlying asset in key international petroleum contracts.
Fuel oil, distilled from crude oil and often left as residue during the refining process, encompasses a range of the least volatile and heaviest commercially used fuels, heavier than gasoline and naphtha.
Jet A1, a type of aviation fuel, is a blend of various hydrocarbons and often includes additives to reduce the risk of icing or explosion caused by high engine temperatures.
Gasoline or petrol, a derivative product of crude oil or petroleum, is obtained through the fractional distillation process and typically appears as a translucent liquid.
