gasoil

gasoil definition - finance
The term used in Europe to refer to No. 2 heating oil and diesel fuel. No. 2 heating oil is a specific type of heating oil that is used for specific purposes, such as heating homes. Gasoil futures are traded on the International Petroleum Exchange in London.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.