Tag Archives: gasoil

European Gasoil is a definition for Nº 2 Heating Oil and Nº 2 Diesel fuel. It is used as the pricing reference for all distillate trading in Europe and beyond. The underlying physical market is heating oil barges delivered in … Continue reading →

Gasoil is a petroleum distillate (obtained by fractional distillation of petroleum) intermediate in boiling range and viscosity between kerosene and lubricating oil. It is used as diesel fuel and heating oil. In general, gasoils are derived from oils with a … Continue reading →