The invention relates to the field of renewable energy fuels, in particular to a composite industrial fuel oil so as to solve the problem that existing industrial fuel oil has a lot of drawbacks. The fuel oil is composed of the following raw materials by volume fraction: modified coal tar, biodiesel, a composite additive and a combustion-supporting agent. The modified coal tar has a density of 1.035-1.06g/ml at 20DEG C, a distillation range of 230-300DEG C, a phenol content of less than 0.5%, a naphthalene content of less than 0.5%, and viscosity E50 greater than 1.5%. The compound additive is any of diethanolamine, triethanolamine, 2, 6-butylated hydroxytoluene or a mixture of several of them in any proportion. The combustion-supporting agent is any one of non-aromatic hydrocarbon (referring to a hydrocarbon compound without benzene ring in the field), C8 aromatic hydrocarbon, C9 aromatic hydrocarbons, calcium naphthenate, magnesium naphthenate, iron naphthenate, and ferrocene or a mixture of several of them in any proportion. The composite industrial fuel oil provided in the invention has the characteristics of excellent performance, safety and environmental protection, convenient use, good adaptability, improved fuel economical efficiency, storage suitability, and supply reliability, etc.