The invention relates to a multifunctional fuel oil addition agent and a preparation method of the multifunctional fuel oil addition agent. The preparation method comprises the steps of weighing and taking raw materials which comprise, by component and weight, 90-95 parts of normal paraffin, 3-6 parts of isomerism paraffin, 1-2 parts of olefin, 1-2 parts of cyclo-paraffin and 0.2-0.8 part of aromatic hydrocarbon, stirring and mixing the raw materials for 2-3 hours, obtaining a crude product, then, adding oily solvent, enabling the volume ratio of the oily solvent to the crude product to be 1 to 30, mixing the compound for 2-3 hours, and obtaining a yellow liquid product. Compared with the prior art, the multifunctional fuel oil addition agent has the advantages of being small in sulfur content, good in dispersing property and the like.