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What fuel is Lu?
It is a low sulfur fuel oil futures.

Fuel oil, also known as heavy oil and residual oil, is one of the energy varieties with a high degree of marketization, and is mainly used in industries such as oil refining, chemical industry, transportation and construction metallurgy, among which the market demand for bonded marine oil shows a steady growth trend. The biggest demand for fuel oil in the world comes from the marine oil market in the transportation industry. At present, the Asia-Pacific region has become the largest offshore oil consumption market in the world. At present, the global price of high and low sulfur fuel oil fluctuates greatly, and the hedging demand of enterprises is strong.