According to IMARC Group, the global fuel oil market size reached USD 203.4 Billion in 2025 and is projected to reach USD 286.1 Billion by 2034, expanding at a CAGR of 3.75% during 2026–2034. This steady fuel oil market growth reflects escalating geopolitical tensions, economic growth in emerging markets, technological advancements in extraction and refining, rapid regulatory changes,...